
Analysts polled expect Malaysia's palm oil inventories to fall about 4.6% in October to 1.92 million tonnes, the first decline in three months. The drop reflects forecast output of 1.76 million tonnes, 3.2% lower, and higher exports.
Lower stocks and firmer export demand tighten near-term palm oil supply, which supports prices.
Setelah 149 peristiwa laporan bullish sebelumnya, Minyak Sawit bergerak median +0,5% selama 5 sesi (57% lebih tinggi; separuh tengah -1,1% sampai +1,8%), dan +0,8% 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.
Expected first drop in Malaysian stocks in three months on lower output and higher exports signals tightening supply, which supports prices heading into Nov 5-6.