date:Dec 17, 2018
Palm oil suppliers across Southeast Asia are struggling to cope with record output, with plantations delaying harvest and mills stalling on deliveries as storage tanks overflow, multiple industry sources said.
Inventories of the edible oil, used to make consumer goods like shampoo, ice cream and cosmetics, usually peak between the third and fourth quarters of the year as seasonal production peaks, but slower demand this year has accelerated stockpile growth and driven prices to multi-year lows.