Malaysia Palm Oil Stocks Rise 25% to 3.51M Tons
Malaysia's palm oil stocks reached 3.51 million tons at end-September, up 25%, the MPOB said.
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10:31:07 AM UTC
SquawkNews
Palm oil ended higher despite MPOB data showing end-September stocks in Malaysia rising 25% on month to 3.5 million tons. Inventory reached historic highs at the end of last month, driven by strong production, but it is expected to be fleeting, Citi Research analyst Gan Huan Wen writes in a note. L…