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
- 2025-04-01 SunSirs: China Palm Oil Market Oscillates and Falls in March 2025
- 2025-04-01 SunSirs: External Market Pressure on Palm Oil Market Weakens
- 2025-03-28 SunSirs: Indonesia's Palm Oil Inventory Increased 14% in January 2025
- 2025-03-21 SunSirs: Malaysia Maintains the Export Tax Rate for Crude Palm Oil is at 10% in April 2025
- 2025-03-20 SunSirs: Negative Sentiment still Exists, China Palm Oil Market weakly Oscillates
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