World & BusinessIndonesia and Malaysia expected to produce less palm oil in 2027
Bloomberg reports that prolonged dry weather caused by a strong El Niño is expected to depress yields, tightening global supplies and lifting prices.
TLDR
Indonesia and Malaysia are expected to produce less palm oil in 2027, Bloomberg reports. It links the projected decline to prolonged dry weather caused by a strong El Niño and forecasts tighter global supplies and higher prices as a result.
Indonesia and Malaysia expected to produce less palm oil in 2027
Bloomberg reports that prolonged dry weather caused by a strong El Niño is expected to depress yields, tightening global supplies and lifting prices.
TLDR
Indonesia and Malaysia are expected to produce less palm oil in 2027, Bloomberg reports. It links the projected decline to prolonged dry weather caused by a strong El Niño and forecasts tighter global supplies and higher prices as a result.