Palm oil stockpile

Stockpile in Malaysia, the world's second-largest palm oil producer after Indonesia, totalled 3.01 million tons in November, rising from 2.72 million tons in the previous month, according to Malaysian Palm Oil Board. Output slid 6.1% month-on-month to 1.85 million tons from 1.96 million tons. Stockpile in Malaysia, the world's second-largest palm oil producer after Indonesia, totalled 2.54 million tons in September compared with 2.50 million tons in August, according to Malaysian Palm Oil Board. Output rose 14.4% month-on-month to 1.85 million tons from 1.62 million tons in the previous month. Palm oil inventories in Malaysia probably expanded for the first time since November as demand for the world’s most-used vegetable oil slackened and production rebounded from the impact of a drought triggered by El Nino. Stockpiles climbed 4.2 percent to 1.72 million metric tons by Indonesian palm oil stockpile was down to 4.41 million metric tons in October as domestic and export demand began to rise. Indonesian Palm Oil Association (Gapki) Executive Director Mukti Sardjono in an official statement on Friday (November 30) estimated national producers to produce 4.51 million metric tons palm oil in October 2018, up 2% from 4.41 million metric tons in September 2018. KUALA LUMPUR: Palm oil climbed on speculation that a decline in Malaysia's production will trim record stockpiles in the world's second-largest producer. The contract for February delivery advanced 0.7% to close at 2,313 ringgit ($756) a tonne on the Malaysia Derivatives Exchange. Futures fell 3.1% last week and are heading for a 27% loss this year.

1 Jun 2019 Malaysia has been trying to cut its palm oil stockpile, which hit its highest last December in at least 19 years, in a bid to shore up prices.

8 Jan 2020 Malaysia's palm oil stockpiles likely fell 8.5pc from November to 2.06 million tonnes, the lowest in 27 months, a Reuters survey showed on 4 Jun 2019 That would bring stockpiles to the lowest level since July. Crude palm oil production eased 1.8% to 1.62 million tonnes, the lowest since 18 Dec 2019 Just five months ago, benchmark futures in Malaysia languished at four-year lows as investors fretted about stubbornly high stockpiles. By

Stockpile in Malaysia, the world's second-largest palm oil producer after Indonesia, totalled 2.54 million tons in September compared with 2.50 million tons in August, according to Malaysian Palm Oil Board. Output rose 14.4% month-on-month to 1.85 million tons from 1.62 million tons in the previous month.

Palm oil stockpile seen resuming its uptrend in coming months Plantation sector Maintain underweight: Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m jump in exports. Palm and PME ride a crest of optimism into 2020 Singapore — Analysts and traders fixated on the elevated crude palm oil stockpile at the beginning of 2019 are left cheering as CPO stocks fell across Malaysia and Indonesia while prices rallied to MR 2,684/mt (US $648/mt) December 4 against MR 2,065/mt at the beginning of the year. Palm oil inventory declined for the fourth consecutive month (by 12.7% MoM) to 1.76m tonnes in Jan-20 (the lowest since Jun- 17), due mainly to lower output and imports, which more than offset weaker exports. The stockpile came in slightly lower than Bloomberg consensus median forecast of 1.78m tonnes, mainly on lower-than-expected output.

Stockpile in Malaysia, the world's second-largest palm oil producer after Indonesia, totalled 3.01 million tons in November, rising from 2.72 million tons in the previous month, according to Malaysian Palm Oil Board. Output slid 6.1% month-on-month to 1.85 million tons from 1.96 million tons.

Including Indonesia’s stocks of more than 4.4 million tonnes in October, the world’s two largest palm oil producers have a combined stockpile of nearly eight million tonnes. A stubbornly high palm oil stockpile does not bode well for CPO prices. KUALA LUMPUR: Malaysia’s palm oil stockpile in June this year declined by 1.93% to 1.53 million tonnes, from 1.56 million tonnes a month earlier, mainly on processed palm oil’s inventory drop. Output at the world's second-largest palm oil producer has climbed nearly 14% year-to-date, pushing stockpile higher by nearly a-third. Further, a strong harvest of soybean, the main substitute for

PALM oil futures traded in Malaysia dropped yesterday, reversing earlier gains, on concern that higher second-half production will swell stockpiles and depress prices. The price of the world’s most traded vegetable oil may stay below RM2,000 ringgit a metric ton as output climbs faster than demand, according to Maybank Investment Bank Bhd. and OSK Research.

Access all the vital palm oil & crude palm data such as Import, Exports, Production, Stocks only on palmoilanalytics.com. 5 Feb 2020 Shares of palm oil-related companies — led by Kuala Lumpur KLK, Sarawak Oil Palms Lead Share Climb As Palm Oil Stockpiles Seen 15 Jan 2020 Palm oil stockpiles in Indonesia probably dropped to the lowest in eight months in December after dry weather curbed production in the world's 7 Jan 2020 Asian crude palm oil prices are expected to find support in weaker production to be brought about by dry Shrinking stockpile to support prices. 20 Dec 2019 The consequence of the palm oil ban and US-China trade war has stockpile after both parties slapped additional tariffs on shipments. Further 8 Jan 2020 Malaysia's palm oil stockpiles likely fell 8.5pc from November to 2.06 million tonnes, the lowest in 27 months, a Reuters survey showed on