Palm Oil Rebounds Despite Slowing Asian Imports

Crude palm oil prices moved lower at the beginning of the week but seem to have edged higher toward the end.  News that showed that Malaysia’s palm oil stocks rose to a near 15-year high at the end of October following a surprise rise in output by the world’s second-largest producer, put pressure on benchmark prices for palm.

Prices rebounded after the latest trade data was released.  Cargo surveyor…