April 18 (Reuters) - SIPEF NV  SIFB.BR :
    * Q1 GROUP‘S TOTAL PALM OIL PRODUCTION FELL BY 5.75%
COMPARED WITH
THE FIRST QUARTER OF 2018
    * UNFAVOURABLE WEATHER LED TO A 5.75% FALL IN TOTAL PALM OIL
PRODUCTION DURING THE FIRST QUARTER
    * THE PALM OIL MARKET SLOWLY RECOVERED FROM THE VERY LOW
PRICES IN
FOURTH QUARTER OF 2018 AND FLUCTUATED AROUND USD 540 PER TON CIF
ROTTERDAM DURING THE FIRST QUARTER
    * GROUP EXPECTS THIS CURRENT TREND TO REBOUND IN THE COURSE
OF THE
YEAR, PRODUCING A POSITIVE GROWTH FIGURE
    * MANAGEMENT IS REASONABLY CONFIDENT THAT THE MARKETS WILL
RISE,
BUT REMAINS CAUTIOUS WITH REGARD TO THE UNPREDICTABILITY OF
POSSIBLE EXTERNAL EVENT
    * CULTIVATED AREAS HAVE RISEN TO 11 015 HECTARES IN MUSI
RAWAS IN
SOUTH SUMATRA, INDONESIA, WHERE EXPANSION CONTINUED STEADILY
    * THE OUTLOOK FOR PALM OIL PRODUCTION IN THE SECOND QUARTER
REMAINS MODERATELY POSITIVE

Source text: https://bit.ly/2GvsYEr
Further company coverage:  SIFB.BR 

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