date:Mar 14, 2016
Malaysian palm oil production fell last month to its lowest since at least 2009, underlining drought damage worries but futures in the vegetable oil eased nonetheless, amid some disappointment on demand.
Palm oil output in Malaysia, the second-ranked producer of the vegetable oil, after Indonesia, fell by 7.7% month on month in February to 1.04m tonnes, the Malaysian Palm Oil Board said.
That was below the figure of 1.07m tonnes that investors had expected, and indeed was the weakest monthly