Indonesia's March palm output, exports seen higher

JAKARTA: Indonesia's palm oil output in March likely rose from a month earlier, while inventories were seen lower on the back of a pickup in exports and domestic consumption, according to a Reuters survey.

Palm oil output in top producer Indonesia was seen rising to 3.95 million tonnes in March from 3.80 million tonnes in the previous month, according to the median results of a survey of two palm oil groups and a state palm research firm.