# High stocks, low prices clog palm oil supply chain in Southeast Asia | The Star

> Southeast Asian palm oil suppliers are struggling with record output as plantations delay harvests and mills stall deliveries while storage tanks overflow. Malaysian stocks rose to 3 million tonnes in November, the highest in at least 18 years, and Indonesian stocks exceeded 4.4 million tonnes in October. Benchmark palm futures are trading near three-year lows.

- Date: 2018-12-14 · published 2018-12-14T12:00:00.000Z
- Category: market · region Southeast Asia · magnitude medium
- Page: https://feedsoft.ai/events/61660-high-stocks-low-prices-clog-palm-oil-supply-chain-in-southeast-asia-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Swollen inventories and slow demand point to continued pressure on palm oil prices into 2019, which weighs on the vegetable oil complex and competes with soybean oil in feed and industrial markets.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/12/15/high-stocks-low-prices-clog-palm-oil-supply-chain-in-southeast-asia/

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