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UPDATE 1-Indonesia's Astra Agro doubtful on 2009 CPO target

Wed May 27, 2009 1:16am EDT

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JAKARTA, May 27 (Reuters) - Indonesia's largest listed plantation firm, PT Astra Agro Lestari Tbk (AALI.JK), is doubtful about achieving its 2009 crude palm oil (CPO) output target, president director Widya Wiryawan said on Wednesday.

"We are not too optimistic in trying to meet the 1 million (tonnes) target," Wiryawan said, adding that output could be affected by unfavourable weather conditions.

The firm, which is controlled by Indonesia's largest automotive distributor, PT Astra International Tbk (ASII.JK), has said CPO production fell 9.1 percent to 225,984 tonnes in the first quarter from the same period last year.

(Reporting by Tyagita Silka; Writing by Dicky Kristanto; Editing by Ed Davies)



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