This month the United States Department of Agriculture (USDA) estimates that the Global Palm Oil Production 2017/2018 will be 62.88 million metric tons, around 0.09 million tons more than the previous month's projection.
Last year the Global Palm Oil Production (*) was 58.8 million tons. This year's 62.88 estimated million tons could represent an increase of 4.08 million tons or a 6.94% in palm oil production around the globe.
(Values in Metric Tons)
Next Update will be July 12, 2017.