Stock volumes in Malaysia, a key global CPO price reference variable remain tight at 41 months low at 1.564 million tons as of the end of November, with the year-end outlook of 1.300 million tons. Stocks are expected to be below 2.00 million tons up to the end of May next year, even as production is seen improving. Export demand from key destination markets—India and China underpinned by low stocks are expected to…
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