Malaysia's palm oil inventories likely rose last month to a record high, enlarging the near-term supply buffer and intensifying downward pressure on prices, though El Nifio could disrupt output over the next year. Market participants are watching for faster exports to major buyers such as India to help absorb the surplus. CGS International plantation research head Jacquelyn Yow said output typically peaks in September‑October but was stronger than expected, pushing stocks higher and keeping pric

Malaysia's palm oil inventories likely rose last month to a record high, enlarging the near-term supply buffer and intensifying downward pressure on prices, though El Nifio could disrupt output over the next year. Market participants are watching for faster exports to major buyers such as India to help absorb the surplus. CGS International plantation research head Jacquelyn Yow said output typically peaks in September‑October but was stronger than expected, pushing stocks higher and keeping prices under pressure in a 4,300–4,500 ringgit/tonne range (about $1,052).