date:Feb 14, 2016
ll 19.3% from December to 1.29 million metric tons, according to the Malaysia Palm Oil Board, which contributed to palm-oil stocks falling 3.4% from the month before. Malaysia, along with Indonesia, accounts for around 85% of global production of the commodity used in products from lipstick to cooking oil.
Concerns about reduced production and tighter supplies have helped palm oil become one of the best-performing commodities in global markets, with prices now up 38% since they reached a six-ye