Kalimantan palm oil output seen down up to 15% in Q4
An analyst said palm oil output in Kalimantan could fall 12% to 15% in Q4 amid prolonged dry weather and widespread fires.
Palm oil output in Kalimantan, Indonesia’s main producing region, could decline by 12% to 15% in the fourth quarter, an analyst said on Wednesday, after prolonged dry weather and widespread fires hit plantations. Indonesia is the world’s largest palm oil producer and exporter.