# Crude Palm Oil Weekly Report – December 1, 2017 | Borneo Post Online

> Malaysian palm oil futures fell for a fifth straight week, with the benchmark contract at RM2,604 on Thursday. Exports for November declined by 5.3 to 7.5 percent according to cargo surveyors, while output rose 12.9 percent month-on-month in October.

- Date: 2017-12-01 · published 2017-12-01T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/67567-crude-palm-oil-weekly-report-december-1-2017-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Rising output and softer exports build Malaysian stockpiles, which weigh on palm oil prices and reduce the appeal of palm-based fats in feed formulations.

## Read by commodity

- USDMYR: bullish ▲
- PALMOIL: bearish ▼

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/12/03/crude-palm-oil-weekly-report-december-1-2017/

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