Palm oil output in 2024 to recover in Malaysia, drop in Indonesia, Glenauk Economics says
NUSA DUA, Indonesia, Nov 8 (Reuters) -Malaysian palm oil output is expected to recover this year as foreign workers arrive on plantations, while output by Indonesia is seen dropping by just over a million metric tons, analyst Julian McGill told a palm oil conference on Friday.
Next year, output by Indonesia, the world's biggest producer, is expected to recover by 1.5 million tons, McGill, managing director at consultancy Glenauk Economics, told the Indonesia Palm Oil Conference in Bali.
Reporting by Bernadette Christina Munthe
Writing by Fransiska Nangoy; Editing by John Mair
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