date:Mar 06, 2019
f crude palm oil.
Where we had delayed (harvesting) rounds last year, we are now recovering, especially in Indonesias estates. So this adds to production, said a Malaysia-based planter.
But bear in mind that many companies last year cut fertilizer applications due to low (palm) prices, especially Indonesian companies with tight cash-flow, so we will see the effects at the end of this year.
All sources declined to be identified due to the sensitivity of the issue.
Crude palm oil prices hit a