# Crude Palm Oil Weekly Report – December 9, 2017 | Borneo Post Online

> Malaysian palm oil futures fell 4.88% to RM2,477 on Friday, a five-month low. Traders cited expectations of rising stockpiles, weaker demand and a stronger ringgit. Intertek and SGS both reported lower November exports, and a Reuters poll expected stocks to rise 11.4% to 2.44 million tonnes.

- Date: 2017-12-09 · published 2017-12-09T12:00:00.000Z
- Category: market · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/12713-crude-palm-oil-weekly-report-december-9-2017-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected stock build to the highest level since December 2015 points to ample supply and softer prices for palm oil and competing vegetable oils, which lowers the cost of fats used in feed.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/12/10/crude-palm-oil-weekly-report-december-9-2017/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.