Malaysian palm oil stockpiles getting dangerously low
In Malaysia, the palm oil stockpiles fell dramatically this month to 2.27 million metric tons, the steepest drop since January of 2011. Output gained 2.3% to 1.33 million tons, with exports gaining only slightly less. The country is currently experiencing a slump in prices across all industries, and the decline in palm oil inventory may help to stem the slump.
Category: Fuels
