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NEWS ADMIN

Mahamad Rodzi Abdul Ghani

DATE

26/11/2004

NEWS PROVIDER

Mahamad Rodzi Abdul Ghani

NEWS SOURCE

Dow Jones

CATEGORY

HEADLINE

MPOA CPO Output Estimate Within Expectations
25/11/04 (Dow Jones)--MPOA 2005 crude palm oil production estimate notsurprising; market already expecting limited growth in Malaysia palm oiloutput due to limited land expansion, cyclical factors. But positiveimpact from slow growth likely offset by Indonesian output, which isexpected to be strong in 2005, traders say. MPOA pegging 2004 CPO outputat 13.55 million tons, 2005 output at 13.80 million to 13.85 million tons.