# Malaysian palm oil price struggles near 3-year low as stockpiles swell | The Star

> Malaysian palm oil futures struggled near a more than three-year low on Thursday after rising inventories weighed on the market. The January contract was flat at 1,972 ringgit a tonne after falling about 8.5 percent over seven sessions, with physical demand showing no sign of improvement.

- Date: 2018-11-15 · published 2018-11-15T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/62146-malaysian-palm-oil-price-struggles-near-3-year-low-as-stockpiles-swell-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising stockpiles and weak Indian and Chinese winter demand keep palm oil under pressure. Prices may stay depressed until fresh demand emerges.

## Read by commodity

- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2018-11-14 | 5 | -4.9% | -2.9 | Reports palm futures near a 3-year low after about 8.5% fall over seven sessions on swelling stockpiles and weak physical demand, directly describing the move (published a day after window end, so confirmatory rather than causal). |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/11/16/palm-struggles-near-3-year-low-as-stockpiles-swell/

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