You are here: Home » Reuters » News
Business Standard

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

Reuters  |  KUALA LUMPUR 

KUALA LUMPUR (Reuters) - Global palm oil production is expected at 70.5 million tonnes in the oil year ending in September 2018, analyst Thomas Mielke said at an industry event on Thursday.In March, the editor 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.Indonesia and Malaysia produce nearly 90 percent of global palm oil. (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 ...

This article is no longer available in our repository.

There could be multiple reasons for this.

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