Palm oil stockpile rose 16.3% from July to 1.74 million tonnes, its highest since June last year, according to a median estimate of 10 planters, traders and analysts polled by Reuters
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange climbed 1.9% to 4,318 ringgit ($1,039.73) a tonne in early trade
The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange declined 0.8% to 4,222 ringgit ($1,018.33) a tonne by midday