La Nina often follows after drier weather brought by an El Nino anomaly that emerged last year and can induce heavier rains in palm oil-producing Southeast Asia as well as drier weather in soy oil exporting Americas.
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Monday, July 19, 2010
Breaking News-RTRS-La Nina may hurt Southeast Asian palm oil output-IOI
KUALA LUMPUR, July 19 (Reuters) - IOI Corp , Malaysia's No. 2 planter, expects the brewing La Nina weather event to have a major impact on palm oil production in Southeast Asia as heavier rainfall may hamper harvesting.
La Nina often follows after drier weather brought by an El Nino anomaly that emerged last year and can induce heavier rains in palm oil-producing Southeast Asia as well as drier weather in soy oil exporting Americas.
La Nina often follows after drier weather brought by an El Nino anomaly that emerged last year and can induce heavier rains in palm oil-producing Southeast Asia as well as drier weather in soy oil exporting Americas.