(Bloomberg) -- Indonesia, the world's largest
producer of palm oil, may have produced less of the tropical oil
in the first six months of the year than earlier forecast as
drought hurt the crop.
``It's likely below target because of the lack of rain last
year,'' Derom Bangun, president of the Indonesian Palm Oil
Association, said today in Jakarta.
Read more at Bloomberg Commodities News
producer of palm oil, may have produced less of the tropical oil
in the first six months of the year than earlier forecast as
drought hurt the crop.
``It's likely below target because of the lack of rain last
year,'' Derom Bangun, president of the Indonesian Palm Oil
Association, said today in Jakarta.
Read more at Bloomberg Commodities News
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