January 21, 2020 / 8:52 AM / a month ago

TABLE-Palm oil production, price outlook for 2020

    KUALA LUMPUR, Jan 21 (Reuters) - Following are the results
of a Reuters poll on palm oil's 2020 production and its
benchmark prices on the Bursa Malaysia Derivatives
Exchange.
    
    For a related story, see.
      
 CONTRIBUTORS                PRODUCTION (MLN T)    PRICE
                                                   (RINGGIT) 
                             MALAYSIA   INDONESIA  
 MEDIAN                      19.93      45.75      2,650
 HIGH                        23.3       49         2,950
 LOW                         18.5       39.5       2,300
                                                   
 Indonesian Palm Oil Board   -          47.5       2,950
 Indonesia Palm Oil          -          49         2,650
 Research Institute                                
 Malaysian Palm Oil Board    20.2       -          2,750
 Kenanga Investment Bank     -          -          2,700
 Phillip Futures             19.5       45.5       2,650
 CGS-CIMB Securities         19.63      47         2,300
 Malaysian research house    -          -          2,300
 Palm Oil Analytics          20         46         2,600
 Kwantas                     19.5       44         2,800
 The Farm Trade              19.85      46.9       2,550
 DBS Vickers Securities      23.3       39.5       2,417
 Sunvin Group                20.3       43.5       2,700
 Hyderbad based importer     21         43         2,550
 Mumbai based importer       19.8       44         2,650
 Indore based importer       20         43.5       2,500
 Founder Securities          18.5       -          -
 RHB Research                19.86      47.09      2,600
 Affin Hwang Research        20.65      47.39      2,650
                                                   
 2019 DATA                   19.86      45.5*      2,248
 2018 DATA                   19.5       43         2,308
 * estimates by the Indonesian Palm Oil Board 
   

    
 (Reporting by Mei Mei Chu in KUALA LUMPUR; Additional reporting
by Bernadette Christina Munthe in JAKARTA, Rajendra Jadhav in
MUMBAI, and Hallie Gu in BEIJING; Editing by Tom Hogue)
  
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