Friday, 21 July 2017
Palm oil production in 2017. reaches record levels
Market operators lower their projections for palm oil production in Malaysia in the current season
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Market operators lower their projections for palm oil production in Malaysia in this season. In March, the volume predicted in the range of 19.9-20 million tons, which was almost equal to the record high in 2015. 19.96 million tons.
At the moment the average production expectations below record levels and amount to 18.7-19.5 million tons (+10% result of 2016. – 17.3 million tons). Peak production is expected in October. A more substantial recovery in production after the dry 2016. it is expected in Indonesia.
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