Commodity News
SunSirs: Malaysia Palm oil Inventories may Rise to an Eight-month High by the End of September, 2024
October 09 2024 11:11:54 SunSirs (Selena)
The Malaysian Palm Oil Board (MPOB) will release monthly data on October 10th. A survey shows that due to weakened export demand, Malaysia's palm oil inventories are expected to reach their highest level in eight months at the end of September.
Analysts expect Malaysia's palm oil inventory to reach 1.95 million tons in September, a month on month increase of 3.55%, which will be the second consecutive month of inventory growth.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2026-02-06 SunSirs: Asian Palm Oil Spot Prices Fall on Thursday
- 2026-02-04 SunSirs: Malaysia's Palm Oil Exports Have Decreased, While Indonesia's Palm Oil Exports Have Grown Strongly
- 2026-02-03 SunSirs: Diverging Palm Oil Inventories in Malaysia and Indonesia, the Two Major Producing Countries
- 2026-02-02 SunSirs: Asian Palm Oil Market Rises for Fourth Consecutive Week
- 2026-01-29 SunSirs: It Is Expected that China Palm Oil Prices Will Have a Strong Trend in the Near Future
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