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Malaysian palm oil output seen slumping more than expected

Drop now forecast to be 2m tonnes, up from 1.5m tonnes predicted earlier this month

Kuala Lumpur

MALAYSIA's palm oil production will slump more than previously forecast as the lingering effects of El Nino curb output in the world's second-biggest producer, according to Godrej International Ltd's Dorab Mistry.

Production will drop by two million tonnes in the year

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