Tuesday, March 9, 2010

Breaking News - RTRS-New Indonesia rule could hit 400 oil palm plantation cos

March 9 (Reuters) - : * Malaysia January-February crude palm oil output lower than year ago due to weather-MPOC * Malaysia MPOC sees crude palm oil supply constrained by weather in Q2 * Malaysia MPOC sees demand for palm oil still strong from India, Pakistan * Malaysia MPOC says European, China demand for palm oil to be maintained in 2010 * Malaysia MPOC says optimistic crude palm oil price will be better in 2010 versus 2009 * Lee Yeow Chor, chairman of the Malaysian Palm Oil Council (MPOC), spoke to Reuters on the sidelines of an industry conference in Kuala Lumpur on Tuesday. * Lee is also executive director of IOI Corp , Malaysia's second-biggest palm oil group.