Tuesday, February 23, 2010

BREAKING NEWS-RTRS-UPDATE 1-DRY SPELL TO CURB MALAYSIA's PALM OIL OUTPUT

KUALA LUMPUR, Feb 22 (Reuters) - Malaysia may see weak palm oil production growth for a second straight year and miss government output target as yields suffer due to the current hot weather, estate owners said on Monday.
Hotter-than-usual weather, due to the resurgent El Nino weather condition, has aggravated the biological stress that oil palms are experiencing after seasonally higher production in the last quarter of 2009, they said.
Biological tree stress refers to weaker yields after a period of high productivity.

No comments:

Post a Comment