Malaysia palm oil output likely jumped in March

Crude palm oil being unloaded from tankers

KUALA LUMPUR: Palm oil output in world No.2 producer Malaysia likely jumped over 10% in March, marking its first month-on-month climb in about five months, a Reuters poll showed.

However, the estimated 10.4% rise in production to 1.39 million tonnes would be below the kind of increases typically chalked up at the time of year due to lingering effects from last year’s El Nino weather pattern.