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A Bloomberg survey of 11 analysts estimates Malaysia's palm oil stockpiles rose about 7% to 3.76 million tonnes in October, a fresh record. Crude palm oil output is estimated at a record 2.2 million tonnes, while exports jumped 43% to 1.6 million tonnes.
Benchmark Kuala Lumpur futures have fallen about 8% from an August peak.
A growing glut of palm oil stocks adds bearish pressure on futures and on vegetable oil prices used in feed. Inventories are expected to stay high until El Nino dry weather curbs output in early 2027.
thestar.com.myThe Star OnlineNov 3, 2026Not 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.
