Indonesia and Malaysia are expected to produce less palm oil in 2027 as prolonged dry weather from a strong El Niño cuts yields next year, according to Bloomberg.
The weaker output is expected to tighten global supplies and lift prices.
Indonesia and Malaysia are expected to produce less palm oil in 2027 as prolonged dry weather from a strong El Niño cuts yields next year, according to Bloomberg.
The weaker output is expected to tighten global supplies and lift prices.