date:Mar 05, 2019
the rest of the year, we should see on average a recovery in prices, said Mielke, editor of the Hamburg, Germany-based newsletter Oil World, while speaking at an outlook seminar in Kuala Lumpur.
Production in Indonesia, the worlds largest palm oil producer, was seen at 43 million tonnes in 2019 while Malaysias output was expected to hit 20.1 million tonnes, he said.
Biodiesel production was expected to rise in 2019 from the previous year to 7.5 million tonnes in Indonesia and 1.4 million tonn