In 2010, researchers determined a 1.1 percent increase in palm oil production from the previous year. Apparently, that was "unusually small." But this year, the output may rise another 6.6 percent, equal to another 48.6 million metric tons of palm oil, along with a price decrease.
What does this mean for world commerce and our environment? This will make important impacts. It is clear that palm oil is becoming an issue that will make its way further to the forefront.
Learn more: http://www.bloomberg.com/news/2011-04-19/palm-oil-output-to-rise-6-6-percent-this-year-oil-world-says.html