Commodity News
SunSirs: MOPB Report Shows Palm Oil Inventory was 1.88 Million Tons at the End of October
November 13 2024 11:21:46 SunSirs (Selena)
The monthly data released by the Malaysian Palm Oil Board (MPOB) shows that palm oil inventories in Malaysia decreased at the end of October and were lower than market expectations, which may provide some support for palm oil prices.
At the end of October 2024, the palm oil inventory in Malaysia was 1.885 million tons, a decrease of 6.32% compared to the previous month.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-04-23 SunSirs: Palm Oil Demand in China and India may Increase in the Coming Months
- 2025-04-21 SunSirs: Negative News, China Palm Oil Market Continues to Bottom Out
- 2025-04-16 SunSirs: India's Palm Oil Imports Increased 14% Month on Month in March 2025
- 2025-04-15 SunSirs: Malaysia Palm Oil Inventories Increased for the first Time in Six Monthst at the End of March
- 2025-04-14 SunSirs: Negative Factors Suppress the Palm Oil Market and the Market is Weak
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