This clarifies that the stock of goods in the country are growing for the third month in a row that he will continue to put pressure on world prices.

As for the volume of palm oil production in the country in September, they were estimated at 1.84 million tons, which is 1.5% higher than in August (1.81 million tonnes) and are the highest monthly figure since October 2015 in October, the production growth will continue (7-9%), in case there will be no negative impact of the weather phenomenon El niño.

Exports of Malaysian palm oil in September this year increased by 7.8% compared to the figure for the previous month to 1.6 million tons, while shipments in October are also expected at a high enough level considering the seasonal demand for the product from China and India.

Photo: braciamiancora.com