Malaysia's crude palm oil production rose marginally to 1.7 MMT in November. The palms are showing signs of biological stress.
A bigger carry-in stock and an increase in Palm Oil imports resulted in a record level of 2.3 MMT at the end of November.
However, the strong export performance and an expected reduction in Crude Palm Oil output in December should reduce carry-out stock to 1.5 MMT at the end of December.
Crude Palm Oil prices rose during the first half of December in response to the surge in overseas demand.
Malaysia Palm Oil production update (December 2008)
