The likely MoM drop in-stock level contrasts with historical trends of Malaysia’s November palm oil stock movements 

MALAYSIA’S palm oil stocks levels are likely to fall by 6.2% month-on-month (MoM) but grow 9.9% year-on-year (YoY) to 1.72 million tonnes at the end of November 2021 due to higher export volumes, said CGS-CIMB Securities Sdn Bhd.