# Palm down on rising stocks, falling exports - Markets - Business Recorder

> Malaysian palm oil futures fell for a sixth straight session after MPOB data showed end-August stocks rose 22.5% to 2.12 million tonnes, the highest in seven months. August exports also declined to 1.22 million tonnes.

- Date: 2023-09-11 · published 2023-09-11T12:00:00.000Z
- Category: report · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/34221-palm-down-on-rising-stocks-falling-exports-markets-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising inventories and weaker exports signal a looser market, which pressures palm prices lower.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-10 | [Palm oil falls to seven-week low on tepid June exports - Markets - Business Recorder](https://feedsoft.ai/events/10808-palm-oil-falls-to-seven-week-low-on-tepid-june-exports-markets-business-recorder.md) | -6.9% | -5.0% |
| PALMOIL | 2023-07-13 | [Palm oil falls over 2% on higher global edible oils output forecast - Markets - Business Recorder](https://feedsoft.ai/events/35140-palm-oil-falls-over-2-on-higher-global-edible-oils-output-forecast-markets.md) | +0.8% | -1.4% |
| PALMOIL | 2022-04-03 | [Malaysian palm oil set for weekly loss as rival soyoil drops - Markets - Business Recorder](https://feedsoft.ai/events/5915-malaysian-palm-oil-set-for-weekly-loss-as-rival-soyoil-drops-markets-business.md) | +5.8% | +22.2% |
| PALMOIL | 2017-10-04 | [Malaysia palm oil stocks seen rising to 19-month high - The Business Times](https://feedsoft.ai/events/5638-malaysia-palm-oil-stocks-seen-rising-to-19-month-high-the-business-times.md) | +0.9% | +2.8% |
| PALMOIL | 2017-08-03 | [Indonesia's palm oil exports to hit record in 2017-2018 \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/69562-indonesia-s-palm-oil-exports-to-hit-record-in-2017-2018-agrifish-post-online.md) | -0.6% | +1.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40262576

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