BNB$715.57-0.19%BRENT$105.31-2.15%BTC$77,348+0.10%COPPER$6.49+0.39%DJI$52,064-0.60%DOGE$0.0841-0.07%DXY99.06+0.02%ETH$2,470+0.14%GOLD$4,351+0.79%NDX$29,104-1.08%SILVER$64.05+0.80%SOL$99.95+0.19%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+0.00%BNB$715.57-0.19%BRENT$105.31-2.15%BTC$77,348+0.10%COPPER$6.49+0.39%DJI$52,064-0.60%DOGE$0.0841-0.07%DXY99.06+0.02%ETH$2,470+0.14%GOLD$4,351+0.79%NDX$29,104-1.08%SILVER$64.05+0.80%SOL$99.95+0.19%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.84+0.00%
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El Niño Expected to Reduce Indonesian Palm Oil Production

Key takeaways

  • Indonesia's palm oil output could decline by 3 million tons next year due to El Niño, potentially driving prices higher, according to industry estimates.

Analysis

Indonesia's palm oil output could decline by 3 million tons next year due to El Niño, potentially driving prices higher, according to industry estimates.

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