Last Updated :
28 September 2009 at 11:35 IST
Indonesia’s palm oil output may rise this year: Expert
JAKARTA (Commodity Online): Indonesia is expected to produce more than 5% palm oil in 2009 as against 21.5 million metric tonnes last year because of additional acreage for the palm, said a senior edible oil expert.
According to Dorab Mistry, who is also a director in Godrej International Ltd, the country extended the palm planting area and is expected to produce more than previous year. The production is likely to be higher in the next year too, he added.
Malaysian palm oil output in 2009 is likely to be slightly lower at 17.5 million tonnes, he said.
NCDEX REFSOYAOILINDOREJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
After reading this article, people also read:
