ARTICLE 2 #OIL - AGRI FOOD UPDATE

KUALA LUMPUR: The palm oil sector faces a supply squeeze, which is not a bad thing as this is expected to ensure prices of the commodity remain elevated, industry observers

Malaysia's palm oil inventory plunged to 1.58 million tonnes in January, the lowest in 21 months, despite a 13 per cent drop in exports and a sharp 133 per cent increase in imports from Indonesia.

India's August palm oil imports hit 1-year high on festive demand, price advantage

Higher palm oil imports by India, the world's largest buyer of vegetable oils, are expected to help top producers Indonesia and Malaysia reduce inventories and support benchmark Malaysian palm oil futures .