In Malaysia, palm oil stockpiles advanced to their highest level of output this year to 1.72 million metric tons. This number is up from 1.67 million tons in July. Survey estimates have placed stockpiles around 20% lower than last year, and have predicted that stockpiles will not reach the end-year record of 2.63 million tons. However, imports for the country also declined 20%.
More background on the story from the Digest