Malaysia palm oil production would decline

From October, 2014 to March, 2015, Malaysia palm oil production would decline for 70 to 80 tones comparing with same period last year, as a result of Malaysia severe flood.
Superfluous rainfall and flood result in 20 tonnes loss in December, 2014, same loss in January, 2015. Atrocious weather would result in reduction of aviliable palm production, and aggravate downtrend of palm production.
At present, palm prroduction downtrend is offset by fatigued and weak oversea palm oil demand. Palm oil demand for biodiesel production restricts oversea palm oil demand.

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