Thailand: Palm Oil Production-Supply-Demand Update

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Bangkok   |   (011-66-2) 205-5106

As a result of dry weather conditions, crude palm oil (CPO) production for 2015 is estimated to decline by 10 percent to 1.8 million metric tons (MMT) from 2.0 MMT in 2014. However, it is forecast to recover to 2.2 MMT in 2016. Exports of palm oil are likely to drop significantly in 2015 due to the government’s price intervention. Total domestic consumption is estimated to grow by 10 percent in 2015 and 11 percent in 2016 in line with higher biodiesel production and increased food use.

Thailand: Palm Oil Production-Supply-Demand Update

East Asia and the Pacific, Thailand
Oilseeds, Oilseeds (excl. soybean)

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