date:Nov 06, 2018
Malaysias palm oil stocks at end-October are forecast to rise to the highest in three years at nearly 3 million tonnes amid a seasonal rise in output and a slip in export demand, according to a Reuters survey.
Inventories are expected to climb for a fifth straight month, rising 14.1% from September to 2.90 million tonnes, based on the median estimate of eight planters, traders and analysts. That would be the highest level since November 2015, and the sharpest monthly gain in a year.
Rising sto