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Malaysia's end-Nov palm oil stocks seen down slightly as output falls

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KUALA LUMPUR : Malaysia's palm oil inventories at end-November likely shrank slightly from October as output slowed while imports jumped, a Reuters survey showed on Monday.Stockpiles in the world's second-largest producer were seen falling 0.47 per cent from the previous month to 2.39 million tonnes, acco

KUALA LUMPUR : Malaysia's palm oil inventories at end-November likely shrank slightly from October as output slowed while imports jumped, a Reuters survey showed on Monday.

Exports are expected to climb 3 per cent to 1.55 million tonnes, while imports likely rose 16.8 per cent.

 

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