Malaysia’s end-Dec palm oil stocks decline for third straight month on lower output


KUALA LUMPUR: Malaysia’s palm oil inventories are forecast to fall in December, for a third consecutive month, amid declining production due to recent heavy rainfall that affected the harvest, a Reuters survey showed on Monday.

Palm oil stocks are expected to fall to 1.76 million metric tons, down 4.42% from November, according to a median estimate from eleven traders, planters, and analysts polled by Reuters.

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Palm oil , MPOB , CPO , crude palm oil

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