# Southeast Asian palm stocks set for record highs

> Southeast Asian palm oil stocks are expected to hit record highs in October or November, according to a Reuters poll of planters, traders and analysts. Indonesian stocks are seen peaking near 5 million tonnes, and Malaysian stocks at about 2.8 million tonnes. Benchmark palm prices recently fell to a three-year low.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: market · region Southeast Asia · magnitude medium
- Page: https://feedsoft.ai/events/63124-southeast-asian-palm-stocks-set-for-record-highs
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Record inventories at the two largest producers add supply pressure and point to weaker palm oil prices, which can pull down competing vegetable oils and feed-related fats.

## Read by commodity

- PALMOIL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2018-09-30 | 1 | -2.5% | -5.1 | Reuters poll showing Southeast Asian palm stocks heading for record highs in Oct/Nov adds bearish supply pressure, with prices already at multi-year lows. |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/southeast-asian-palm-stocks-set-for-record-highs-118092700339_1.html

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