El Niño Weather Patterns Projected to Reduce Indonesian Palm Oil Output

Indonesia’s palm oil production is forecast to decline by up to 3 million tons next year due to severe El Niño conditions, intensifying upward pressure on global commodity prices.

28 Aug, 05:42 — 28 Aug, 05:42

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bloombergHigh2d ago

El Niño to Crimp Indonesian Palm Oil Output, Producer Group Says

Indonesia’s palm oil production may shrink by up to 3 million tons next year due to the severe El Niño weather forecast for the coming months, according to an industry estimate, adding to upward pressure on prices.

By Eko Listiyorini and Kanupriya Kapoor

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El Niño Weather Patterns Projected to Reduce Indonesian Palm Oil Output

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El Niño to Crimp Indonesian Palm Oil Output, Producer Group Says

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