# Near Term Pressure And Over Stock Keeps Palm Oil Outlook In Neutral, MBSB

> MBSB Research kept its Neutral view on Malaysia's plantation sector, citing record palm oil inventories and subdued export demand. Malaysian stocks rose 3.2% month-on-month to 3.62 million tonnes in October 2026, up 44.4% year-on-year, and local CPO averaged RM4,406 per tonne in October, down 4.5% month-on-month.

- Date: 2026-11-14 · published 2026-11-14T12:06:26.922Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/99309-near-term-pressure-and-over-stock-keeps-palm-oil-outlook-in-neutral-mbsb
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Heavy stockpiles weigh on near-term CPO prices and make palm oil cheaper relative to other vegetable oils, which can ease costs for feed buyers. Possible El Niño supply disruptions are a upside risk that the report does not expect to outweigh the stock overhang in November.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2026/11/14/near-term-pressure-and-over-stock-keeps-palm-oil-outlook-in-neutral-mbsb/

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