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Malaysia's Nov palm oil inventories climb to highest in nearly 20 years


Crude palm oil for third month delivery rose RM41 to RM2,039 per tonne.

Crude palm oil for third month delivery rose RM41 to RM2,039 per tonne.

SINGAPORE: Malaysia's palm oil stockpiles at the end of November rose above 3 million tonnes as a steep decline in exports boosted reserves, official data showed on Monday.
    
Palm oil stocks last month rose 10.5 percent from October to 3.007 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said. The stockpiles are at the highest in at least
18 years, according to Refinitiv data going back that far. 

Plantations

   

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