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Malaysia’s Nov Palm Oil Inventories Climb to Highest in Nearly Two Decades
date:Dec 11, 2018
d 3 percent.

The MPOB data showed palm oil production in November slid 6.09 percent from the previous month to 1.85 million tonnes, while exports fell 12.9 percent to 1.375 million tonnes.

Demand for palm oil generally tapers down in the last quarter of the year, as colder temperatures in key markets such as China and Europe cause palm oil to solidify, which leads buyers to seek alternative oils.

03/05 05:00