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Monday, May 7, 2012
20120507 1609 Palm Oil Related News.
May 7 (Bloomberg) -- Palm-oil production in Malaysia, the second-biggest supplier after Indonesia, probably gained the most in seven months in April, after recovering from seasonally low-output months, according to a Bloomberg survey. Output advanced 6.6 percent to 1.29 million metric tons, the biggest gain since September, from 1.21 million tons in March, according to the median estimate in the survey of three plantation companies and two analysts. That’s still 16 percent lower than the 1.53 million tons a year earlier. The Palm Oil Board is scheduled to release the official data on May 10.
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