Malaysia palm oil production reduction rate reaches the highest in recent 17 years
According to Malaysia Agriculture Department, every October to March of next year is seasonal reduction period. While flood in 2014 heavily effect palm oil harvestation, transportation, and process, palm oil reduction rate is exaggerated.
According to USA Agriculture Department, it predicts that palm oil production would only increase by 0.2% during January to Septemper of 2015, far below 2014 homochronous increase - 6.9%.
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