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Business 11 Sep 2019 | 7:00 AM

Malaysia end-August palm oil stocks slip to 13-month low

KUALA LUMPUR: Palm oil inventories in Malaysia extended falls to a 13-month low at the end of August as strong export gains outpaced production increases, according to official data. Declining stockpiles in the world’s second-largest producer of the edible oil could boost benchmark prices which have retreated from a six-month top reached in end-August. Prices were last up 0.6% at RM2,214 a tonne at the midday break yesterday.