Malaysia records higher palm oil stocks

12.10.2016

Malaysia's palm oil inventories at the end of September edged up from a near six-year low reached in the previous month, as exports to top palm consumer countries weakened and production rose at a lower than average rate.

Rising stockpiles could weigh on benchmark palm oil prices, which have fallen about 6 percent since climbing to a five-month high on September 26 on forecasts of increasing output.


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