Malaysia's October palm oil stocks hit new peak as output surges

KUALA LUMPUR: Malaysia’s palm oil stocks reached a new peak in October, after another record month of output more than offset the rebound in exports, data from the industry regulator showed on Tuesday. Palm oil inventories reached 3.62 million metric tons, 3.15% higher than the previous record of 3.51 million tons in Septemberandrising for a seventh consecutive month, the Malaysian Palm Oil Board…

First reported by Business Recorder 39 min ago1 source

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Business Recorder06:2839 min ago
Malaysia's October palm oil stocks hit new peak as output surges (opens Business Recorder in a new tab)
KUALA LUMPUR: Malaysia’s palm oil stocks reached a new peak in October, after another record month of output more than offset the rebound in exports, data from the industry regulator showed on Tuesday. Palm oil inventories reached 3.62 million metric tons,…

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