Malaysia: Oilseeds and Products Annual

Palm oil (CPO) production in MY 2019/20 is forecast to reach 20.3 million metric tons (MT), an increase of 300,000 MT compared to the previous year, based on an improving labor situation within the industry and expected higher yields nationwide. CPO domestic consumption and exports for the year are also forecast to increase. Soybean imports in MY 2019/20 are forecast at 900,000 MT, a 30,000 MT increase from the previous year, based on growing demand from the Malaysian livestock feed industry.

Malaysia: Oilseeds and Products Annual