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Listed Malaysian planters report that crude palm oil prices fell sharply in the fourth quarter of 2018 to a three-year low in November. Planters said price volatility erased up to RM1 billion in possible revenue.
Malaysia produced 19.5 million tonnes in 2018 and carried inventories above three million tonnes.
The article reviews past price weakness and high stocks, which explain current caution in the palm oil market. It gives context for price direction but does not signal a new supply or demand shift.
themalaysianreserve.comDzulMar 8, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
