Malaysia's palm oil production seen falling in 2024 due to El Niño - MPOB

Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir

KUALA LUMPUR: Malaysia's crude palm oil production could drop between 1 and 3 million tonnes next year due to the El Niño weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

El Niño was unlikely to affect production this year as it takes about 15 to 18 months for the impact on production to show, the regulator's director-general Datuk Ahmad Parveez Ghulam Kadir told reporters.