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News 2026-09-24 08:25 UTC

Palm oil under near — term pressure as rising stocks outweigh El Niño fears

El Niño impact is not immediate Stocks are set to surpass 3-million-metric ton mark in September Rising stocks are likely to pressure prices Exports have slowed By Rajendra Jadhav and Ashley Tang MUMBAI/KUALA LUMPUR, Sept 24 (Reuters) — Palm oil prices are poised to remain under pressure as rising inventories in Malays

News 2026-09-24 08:24 UTC

Palm oil under near-term pressure as rising stocks outweigh El Niño fears

By Rajendra Jadhav and Ashley TangPalm oil prices are poised to remain under pressure as rising inventories in Malaysia and sluggish buying by the world's biggest importer India weigh on the market and the impact of El Niño has yet to be felt, industry officials told Reuters.Malaysia, the world's s…