January stockpiles in Malaysia are forecast to fall 12% to 1.76 million tonnes from December, the lowest in two and a half years, according to a median estimate of nine planters, traders and analysts polled by Reuters.
KUALA LUMPUR: Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output to near four-year lows, a Reuters surveyed showed.
January stockpiles in Malaysia are forecast to fall 12% to 1.76 million tonnes from December, the lowest in two and a half years, according to a median estimate of nine planters, traders and analysts polled by Reuters.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
