Palm oil stockpiles reportedly set to hit a fresh record

Reports say Malaysian palm oil stockpiles are set to reach a new record, with analysts flagging selling pressure and a possible supply glut that could squeeze millers and smallholders, per unnamed sources.

Timeline

1. 4 Nov, 00:30 UTCFirst appeared on Google Trends
2. 4 Nov, 00:30 UTCPicked up on News
3. 4 Nov, 00:30 UTCThe Star reports stockpiles set for fresh record

Top sources

• palm oilGoogle Trends
• RHB Sees Support Level For CPO At RM4,500 As Selling Pressure RemainsBusinessToday Malaysia
• Supply glut could soon squeeze independent palm oil millers and smallholders — sourcesKLSE Screener