# Malaysia's August palm oil output, stocks beat expectations as exports fall 17%

> Malaysian palm oil futures fell for a third straight session on September 28, weighed by weaker rival oils and rising Malaysian output. The benchmark December contract slipped 0.1% to 4,391 ringgit a tonne, with crude oil gains limiting losses.

- Date: 2021-09-10 · published 2021-09-10T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/45165-malaysia-s-august-palm-oil-output-stocks-beat-expectations-as-exports-fall-17
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Routine price moves driven by rival vegetable oils and rising production point to softer near-term palm pricing. Higher crude prices, however, make palm more attractive for biodiesel.

## Read by commodity

- WTI: bullish ▲
- PALMOIL: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/091021-malaysias-august-palm-oil-output-stocks-beat-expectations-as-exports-fall-17

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