Loading…
Malaysia's total palm oil stocks rose 3.15% to 3.62 million tonnes in October, and CPO inventory rose 7.46% to 2.32 million tonnes, according to MPOB. A trader expects profit-taking on Bursa Malaysia Derivatives next week, while physical buying is expected mainly from China, India, Pakistan, the Middle East and the EU.
Record-high stockpiles add bearish pressure on palm oil prices, although firmer soybean oil and crude oil prices offer some support. Lower palm oil prices could make the oil cheaper as a feed ingredient.
bernama.comNov 14, 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.
