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Breaking News - RTRS-Malaysia's top palm oil state slowing deliveries-trade

Posted by Flora Sawita Labels:

KUALA LUMPUR, March 9 (Reuters) - A top palm oil producing state in Malaysia has slowed deliveries for February as El Nino-driven hot weather spurs concern about output, traders and planters said on Tuesday. Malaysia's Sabah state on Borneo island, which accounts for more than a quarter of the Southeast Asian country's overall palm oil output has been hit by El Nino, a periodic weather pattern that can spark drought or heavy rains. The most recent El Nino started in mid-2009 and caused hot weather in the region.

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