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Global palm oil output forecast at 70.5 million tonnes in oil year ended Sept 2018: analyst Mielke

Reuters  |  KUALA LUMPUR 

(Reuters) - Global production is expected at 70.5 million tonnes in the ending in September 2018, said at an industry event on Thursday.

In March, the of the Hamburg, Germany-based newsletter Oil World, forecast Malaysian production at 20.8 million tonnes in 2018, and Indonesia's output at 38.8 million tonnes.

and produce nearly 90 percent of global

(Reporting by Emily Chow; Editing by Christian Schmollinger)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 10:12 IST
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