Malaysia end-Aug Palm Oil stocks fall to 2.25 MT
Commodity Online | September 10 2019
UPDATED 10:41:09 IST

Export of Edible Oils 2019 to 2020

Short-Term Risk Rising but Trend Remains Very Bullish

Retail Traders & Investors Squeezed to Buy High-Risk Assets Again

LME starts publishing off-warrant stocks data

Metals extend gains; oil prices trend higher despite increase in inventories

Malaysia's palm oil stockpiles at the end of August declined 5.3% from the previous month to 2.25 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said.

Palm oil output in August in the world's second-largest palm producer gained 4.6% to 1.82 million tonnes from the previous month.

Malaysia's palm oil exports rose 16.4% from July to 1.73 million tonnes in August, according to the MPOB data.

 



×