Drought Draining Stocks of Oils Amid Record Demand

Drought Draining Stocks of Oils Amid Record Demand

Dadang Tri/Bloomberg

Workers unload trucks of harvested oil palm fruit at a plantation and production factory in Kertajaya, Indonesia. Palm oil may decline to average 3,078 ringgit in the fourth quarter because a projected surplus for the crop won’t be entirely erased by shortages of soybean oil.