La Nina Likely to Support Yields, Lower Palm Oil Prices in 2021

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The La Nina weather pattern, which induces higher rainfall in the principal crude palm oil (CPO) producing regions of Indonesia and Malaysia, should boost palm oil fruit yields and CPO output in 2021 and reduce prices, says Fitch Ratings. However, higher rainfall could also lead to flooding which...

https://www.hellenicshippingnews.com/la-nina-likely-to-support-yields-lower-palm-oil-prices-in-2021/

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