date:Aug 05, 2014
omenon, a warming of sea temperatures in the Pacific, can drench parts of the globe and parch others, damaging crops and food supply. Worries about an El Nino made many cautious about the palm crop initially this year.
However, Malaysia, the second-biggest producer, churned out 9.1 million tonnes of crude palm oil between January and June, up from 8.4 million in the same period last year.
Output will be good. It is already showing signs of double-digit growth, said a trader with a Malaysian co