Malaysia end-Oct palm oil stocks seen higher as exports plunge

Palm oil stockpile at the world's second largest producer is pegged to rise 3.4% to 1.81 million tonnes, according to a median estimate of nine planters, traders and analysts polled by Reuters.

The decline, much lower than historical trends, reflects the ongoing severe shortage of foreign workers, ageing trees due to slow replanting, slower new planting rates, and lower fertiliser input due to logistics issues, Ivy Ng, regional head of plantations research at CGS-CIMB Research, said in a note.

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Global stocks mixed after weak banks earnings, oil reverses gains | Malay MailWASHINGTON, Nov 5 ― World equities markets fluctuated after hitting new records yesterday and ended mixed following the US Federal Reserve's decision to start scaling back its bond-buying programme this month. The Bank of England, in announcing it would keep interest rates on hold, also dashed...
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