Thursday, October 11, 2012

RTRS- Malaysia's September palm oil stocks surge to record-MPOB

Malaysia's September palm oil stocks surged 17.4 percent to a record 2,480,994 tonnes from a revised 2,112,797 tonnes in August, industry regulator Malaysian Palm Oil Board said on Wednesday.

September's rise exceeded market expectations that stocks in the world's No.2 palm oil producer surged 16.4 percent to an all-time high of 2.46 million tonnes