KUALA LUMPUR: Indonesia is likely to overtake Malaysia's role as the world's largest crude palm oil (CPO) producer this year with an estimated production of 15.2 million to 15.4 million tonnes.
Malaysia's CPO output this year, however, is targeted to remain stagnant at last year's level of 15 million tonnes, participants learnt during a panel discussion at the close of the Palm and Lauric Oils Conference & Exhibition: Price Outlook 2006/2007 (POC2006) yesterday.
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