Experts see fall in palm oil production in Malaysia, Indonesia due to El Nino impact

Mielke:

BALI: Experts are expecting a “dramatic change” in world palm oil production, with annual growth expected to fall for the first time next year, due to the impact of El Nino in Indonesia and Malaysia.

Reduced production in Indonesia would be cushioned by the opening of new areas, and this will cause stagnant production at about 33.5 million tonnes from the country in 2016, but in Malaysia, it is expected to decline slightly.