As per MPOB’s report, Malaysian palm oil end-stocks fell to their lowest in six months due to floods in the first eek of January over key oil palm producing regions. Inventories in Malaysia fell 12.2 percent in January to 1.77 million tons against a revised 2.01 tons at the end of December and production plunged to 1.16 million tons (-15 pct m-o-m).
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