Dass: ‘This will reduce production in the next one to two years.’
KUALA LUMPUR: Sime Darby Plantations Sdn Bhd, a unit of conglomerate Sime Darby Bhd
, sees palm oil prices rising next year as the El Nino phenomenon curbs production growth in key growing areas.
Malaysia and Indonesia produce more than 80% of total world palm oil production.
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