date:Oct 15, 2012
Malaysia, the worlds second-largest palm-oil producer, can store 5.2 million metric tons of the edible oil, according to Plantation Industries and Commodities Minister Bernard Dompok. Thats more than twice the record reserves that were being held last month as prices tumbled.
Although prices have not been upbeat over the last few weeks, demand remains strong, Dompok told a conference in Kuala Lumpur today, before giving the storage-capacity estimate in a press conference, citing the Malaysian P