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Malaysia's palm oil stocks seen lower in end-2013 -MPOB

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Malaysia's palm oil stocks seen lower in end-2013 -MPOB

Post by Cals Thu 21 Nov 2013, 18:09

Malaysia's palm oil stocks seen lower in end-2013 -MPOB

Business & Markets 2013

Written by Reuters

Thursday, 21 November 2013 15:52

KUALA LUMPUR (Nov 21): Palm oil stocks in Malaysia could drop to 1.87 million tonnes in end-2013, compared to 2.63 million tonnes that piled up at the end of 2012 as foreign and domestic demand for the edible oil outpaces production, a senior official from the Malaysian Palm Oil Board said on Thursday. - Reuters

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