date:Mar 26, 2013
m oil (CPO) output is forecast to remain at 19 million tons through 2013/14.
Continued pressure on CPO prices, combined with government initiatives, will encourage both smallholders and larger plantation companies to accelerate replanting, limiting near term production expansion.
The reduction in matured area equivalent from the replanting will be partial compensated for by new mature area in Sarawak.
Palm oil exports are forecast to increase to 17.55 million tons in 2012/13 and PKO at one mi