
Malaysia's end-September palm oil stocks rose 10.54% from August to 2.32 million tonnes, the highest since October 2019, according to MPOB. Crude palm oil output rose 2.6% to 1.77 million tonnes during peak harvest, and exports rose 9.25% to 1.42 million tonnes ahead of Diwali buying by India.
Stocks were above a Reuters forecast of 2.27 million tonnes.
Higher Malaysian stockpiles signal ample supply and weigh on palm oil prices, although strong export demand from India limits the downside.
Setelah 96 peristiwa laporan bearish sebelumnya, Minyak Sawit bergerak median -0,1% selama 5 sesi (48% lebih tinggi; separuh tengah -1,3% sampai +1,6%), dan -0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.