Palm oil prices seen capped by Malaysian stocks despite El Niño outlook, top analyst says顶级分析师称，尽管厄尔尼诺现象前景乐观，但马来西亚库存仍将抑制棕榈油价格。
MUMBAI: Malaysian palm oil prices are likely to remain between 4,500 and 5,000 ringgit a metric ton through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, a top analyst said on Thursday.
MUMBAI: Malaysian palm oil prices are likely to remain between 4,500 and 5,000 ringgit a metric ton through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, a top analyst said on Thursday.
Malaysia's palm oil stocks are likely to exceed 3 million metric tons by the end of this month, which will weigh on prices, said Dorab Mistry, the director of Indian consumer goods company Godrej International.
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孟买：一位顶级分析师周四表示，尽管受厄尔尼诺现象影响，预计明年马来西亚棕榈油产量将下降，但由于库存增加，价格承压，因此马来西亚棕榈油价格在12月份可能仍将维持在每吨4500至5000林吉特之间。
印度消费品公司 Godrej International 的董事 Dorab Mistry 表示，马来西亚的棕榈油库存到本月底可能会超过 300 万吨，这将对价格构成压力。
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