November Indonesian palm oil production and exports seen down slightly

In Indonesia, Reuters reports that November palm oil production has likely to fall slightly compared to October at 3.98 million metric tons, 10,000 tons lower. Exports were also expected to be slightly lower at 3 million tons, 3,000 tons lower than in October. A key feature to the global vegetable oils market at the moment is the ongoing trade war between the US and China which has seen stockpiles of US soybeans weigh on palm oil prices.