Palm oil stockpiles set to reach fresh record

Inventories swelled by about 7% to 3.76 million tonnes in October. — Bloomberg

KUALA LUMPUR: Malaysia’s palm oil stockpiles likely expanded to a fresh record last month as elevated production outweighed a surge in exports, according to a Bloomberg survey ahead of official data next week.

Inventories swelled by about 7% to 3.76 million tonnes in October, according to the median of 11 estimates in a Bloomberg survey of plantation executives, traders and analysts. That would surpass September’s record and put stockpiles around 50% higher than the same period last year.

Thank you for your report!

Downstream commodity industries, student housing shortage among highlights in Parliament today

Indonesia pilots commodity export monitoring platform

China's zero-tariff scheme boosts South African commodity exports via Port of Ngqura: official

10月份库存增加约7%，达到376万吨。——彭博社

吉隆坡：彭博社在下周公布官方数据前进行的一项调查显示，由于产量增加超过了出口激增，马来西亚棕榈油库存上个月可能增至新纪录。

根据彭博社对种植园高管、交易员和分析师进行的调查，11位受访者给出的预测中值显示，10月份库存量增长约7%，达到376万吨。这将超过9月份的纪录，并使库存量比去年同期高出约50%。

感谢您的报告！

今天议会的重点议题包括下游大宗商品产业和学生住房短缺问题。

印尼试点商品出口监测平台

官方消息称，中国的零关税政策促进了南非商品经恩古拉港的出口。