Malaysian palm oil stocks jump after production losses come in lower

In Malaysia, palm oil production hasn’t fallen as much as expected, in turn boosting stocks to the highest levels seen since February 2013 of 2.17 million metric tons, up 3.7% on the month. Production has only fallen 0.2% compared to the 3.2% expected by analysts. Exports have also fallen by 1.4% to 1.61 million tons.

 

Category: Fuels