Less production of palm oil
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During a strong El Niño in 1997 to 1998, the output of palm oil in Indonesia and Malaysia fell 7.1 percent and 5.5 percent respectively. [File photo]
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There will be less production of palm oil. During a strong El Niño in 1997 to 1998, the output of palm oil in Indonesia and Malaysia fell 7.1 percent and 5.5 percent respectively. The two countries contribute around 86 percent of the world's palm oil output.
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