Weblog Disclaimer : The information in this weblog has been obtained from sources believed to be reliable. Its accuracy and completeness is not guaranteed and opinions are subject to change without notice. This weblog is for information only and not to be construed as a solicitation for contracts. We accept no liability for any direct or indirect losses arising from the use of this weblog.
Tuesday, March 9, 2010
Breaking News - RTRS-Malaysia's top palm oil state slowing deliveries-trade
KUALA LUMPUR, March 9 (Reuters) - A top palm oil producing state in Malaysia has slowed deliveries for February as El Nino-driven hot weather spurs concern about output, traders and planters said on Tuesday. Malaysia's Sabah state on Borneo island, which accounts for more than a quarter of the Southeast Asian country's overall palm oil output has been hit by El Nino, a periodic weather pattern that can spark drought or heavy rains. The most recent El Nino started in mid-2009 and caused hot weather in the region.