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
- 2025-02-21 SunSirs: Malaysia Lowers Palm Oil Reference Price by nearly 9% in March, 2025
- 2025-02-20 SunSirs: Long and Short Intertwined, China Palm Oil Market Oscillates and Oises
- 2025-02-19 SunSirs: MPOC Predicts Tight Palm Oil Storage in Malaysia in February
- 2025-02-13 SunSirs: External Market Gains, China Palm Oil Market Continues to Rise
- 2025-02-12 SunSirs: Multiple Bullish Supports, China Palm Oil Market Surges after the Spring Festival
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