Malaysia Sept palm stocks set to snap six months of falls — survey

Malaysia Sept palm stocks set to snap six months of falls — survey

The Edge Markets - Malaysia·2019-10-07 14:33

KUALA LUMPUR (Oct 7): Malaysian palm oil stockpiles in September likely rose for the first time in seven months, as production grew and export demand eased for the edible oil, a Reuters survey showed.

Inventories in the world's second-largest palm oil producer are forecast to rise 11.9% from August to 2.52 million tonnes in September, their highest in five months, according to a median estimate of eight planters, traders and analysts polled by Reuters.

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