Archive · Business Recorder
Crude palm oil prices to stay above $1,128 per ton in November, MPOC says
KUALA LUMPUR: Crude palm oil prices are expected to stay above 4,600 ringgit ($1,128) per metric ton in November on stronger export demand, sustained biodiesel consumption and a seasonal decline in production, the Malaysian Palm Oil Council said on Thursday. Output declines were expected to reduce current stock levels, with Malaysian palm oil inventories projected to trend lower from November 2026 through February 2027, the council said in a statement. “This should provide further support to palm oil prices in the final quarter of 2026,” MPOC said. It said the weakness in palm oil exports in S...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →