Malaysian palm oil glut swamps storage in top-growing state

Malaysia’s swelling palm oil inventories are straining storage capacity in the country’s top-producing state, as a bumper harvest piles pressure on the government to clear excess supplies.

Tanks in Sarawak on the island of Borneo are nearing capacity after a bigger-than-expected harvest and soaring freight costs slowed shipments, according to industry executives and planters. The state accounts for more than a fifth of Malaysia’s palm oil output. Most of that moves through Bintulu Port, which handles more than 90% of Sarawak’s exports, concentrating the glut at a crucial gateway as production surges.

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由于丰收给政府带来了清理过剩供应的压力，马来西亚棕榈油库存不断增加，该国最大产油州的储存能力正面临紧张局面。

据业内高管和种植户透露，由于棕榈油产量超出预期，加上运费飙升导致出货量放缓，婆罗洲岛砂拉越州的储油罐已接近满负荷运转。该州棕榈油产量占马来西亚总产量的五分之一以上。其中大部分棕榈油经由民都鲁港运输，该港口处理了砂拉越州90%以上的出口货物，随着产量激增，过剩的棕榈油集中在这一关键门户港口。

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