NUSA DUA, Indonesia (Nov 8): Global palm oil output is seen rising by 2.3 million tons in the October 2024 to September 2025 season, rebounding after drop of 1.2 million tons in 2023-2024 season, industry analyst Thomas Mielke said on Friday.
Global supply growth of 17 vegetable oils and fats in 2024-2025 is seen slowing to 1.6 million tons from the 8.8 million tons increase in the 2023-2024 season, Mielke, chief of Hamburg-based research firm Oil World, told an industry conference.