We’ll be curating stories from management guru John Bittleston and making them free to read.According to data released on Tuesday, Malaysia's November CPO stockpile dropped 4 per cent month-on-month to 2.2 million metric tonnes , less than expected as exports have weakened on higher prices. That said, the DBS analysts still expect palm oil prices to recover 19 per cent year-on-year to US$596 per MT.
Elsewhere in the Asia-Pacific, benchmark indices in Australia, China, Hong Kong, Malaysia, South Korea and Taiwan were similarly lifted by tariff delay hopes. Bucking the trend was Japan.
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