Palm Oil Outlook Seen Bearish by Mistry as Oilseed Supply Jumps

Palm Oil Outlook Seen Bearish by Mistry as Oilseed Supply Jumps

Goh Seng Chong/Bloomberg

Bunches of harvested oil palm fruit are unloaded at a palm oil plant in Besout, Perak, Malaysia. Palm output in Malaysia will total 18.9 million tons in 2013, matching the biggest-ever crop in 2011, the Malaysian Palm Oil Board forecasts.