date:Aug 05, 2014
mmodities brokerage. In another two or three months, we're going to get close to 1.9 to 2.0 million tonnes of stocks.
Malaysian stocks stood at 1.66 million at the end of June.
The Malaysian Palm Oil Board, the industry regulator, sees output hitting a record 19.5 million tonnes this year versus 19.2 million in 2013.
Not everyone expects such a surge. Some planters say output will be capped by the delayed impact of a short drought earlier this year.
Production will pick up but the big questi