Malaysia’s Nov Palm Oil Inventories Climb to Highest in Nearly Two Decades
date:Dec 11, 2018
falling for a second session on Monday.

A Reuters survey based on the median estimate of eight planters, traders and analysts earlier this month showed Malaysias palm oil stocks would touch the 3-million-tonne mark.

The ending stocks are as per our expectations but a decline of more than 6 percent in production is bit of a surprise, said Santhosh Kumar, chief executive of Singaporean trading and consulting company Arcis Global Merchants Pte Ltd.

Most people were looking at a decline of aroun
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