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News Admin
 
Date
 21/12/2004
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 Dow Jones
Headline
 MARKET TALK: MPOB '04 CPO Output Forecast Likely E

20/12/04 (Dow Jones)--Malaysia's 2004 CPO production likely to surpassearlier MPOB forecast of 13.66 million tons, traders say. Output inJanuary-November at 12.66 million tons, already above earlier MPOBprojection for the period at 12.39 million. But higher-than-forecast 2004output not surprising as MPOB figures considered conservative; most marketplayers already expecting production about 13.8 million tons.


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