JAKARTA, Jan 26 (Reuters) - Crude palm oil (CPO) output in Indonesia, the world's top producer of the vegetable oil, is seen rising 8 percent from a year ago to 4.5 million tonnes in the first quarter, an industry group said on Thursday.
Indonesia's government sees full-year output rising 14 percent to 25.7 million tonnes this year.
Derom Bangun, vice chairman of the Indonesian Palm Oil Board (IPOB), said he expected demand and weather problems to push up prices for the edible oil from around $1,000 a tonne now, despite the increase in Indonesian output.
Indonesia's government sees full-year output rising 14 percent to 25.7 million tonnes this year.
Derom Bangun, vice chairman of the Indonesian Palm Oil Board (IPOB), said he expected demand and weather problems to push up prices for the edible oil from around $1,000 a tonne now, despite the increase in Indonesian output.
