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What is Global Palm Oil Production Trends 2010 about?

Malaysian crude palm oil production in 2010 was estimated to be similar to 2009 levels of 17-18 million tonnes, though weather conditions could lower output. Indonesian production was expected to be marginally higher than 2009 at around 20 million tonnes. With global demand from countries like India and China growing faster than supply, palm oil prices were predicted to remain firm throughout 2010 as global demand outstripped supply.

Author

worknims

Language

EN