date:Feb 19, 2016
er from dryness, blamed on El Nino, on output in Indonesia and Malaysia, the top palm-producing countries.
The production of palm oil in Malaysia and Indonesia continued to decline in January and the first half of February, the group said.
Separately on Thursday, a Reuters survey showed market expectations of Indonesian palm oil output dropping for a fifth successive month in January, to 2.44m tonnes, albeit in a seasonally weaker time of year.
Official data last week showed Malaysias palm ou