Palm oil rose after falling for two days as concerns about lower production in the second biggest grower Malaysia offset a weaker demand outlook. Malaysian output likely fell
13% During Jan. 1-20 from a month earlier, according to estimates from the Malaysian Palm Oil Association, the country’s main growers group. Production concerns outpace
expectations about weaker demand, said an analyst. Exports from Malaysia slumped 18% during the first 20 days of January from a month earlier, according to data compiled
by cargo surveyor Intertek Testing Services. AmSpec Agri data showed shipments slumped 23%. (Source:Bloomberg).
