# Palm oil: Stocks

The monthly Malaysian number every trader watches

Source page: https://www.materialinsights.org/commodities/palm_oil/stocks/

What this tab covers How much is left and how much is held. For minerals and energy: reserves, current output, years of supply and recycling for the top five countries. For farm commodities: production, ending stocks and stocks-to-use for the top five producers (USDA, October 2026). It also covers inventories and stockpiles.

#### Top five producers: production and stocks (USDA, 2026/27)

| Country | Production | Share | Ending stocks | Stocks-to-use |
|---|---|---|---|---|
| **Indonesia** | 45,000 | 57% | 3,766 | 8.3% |
| **Malaysia** | 19,600 | 24.8% | 2,225 | 10.9% |
| **Thailand** | 3,720 | 4.7% | 412 | 10.6% |
| **Colombia** | 2,000 | 2.5% | 702 | 33.9% |
| **Nigeria** | 1,500 | 1.9% | 72 | 3.7% |
| **World** | 78,920 | 100% | 13,700 | 17.5% |

 thousand t. Stocks-to-use = ending stocks ÷ (domestic use + exports) for countries, ÷ world use for the world. Source: USDA FAS PSD database, October 2026 release; 2026/27 figures are projections.

#### Stockholding and policy

No recycling applies; used cooking oil is collected for biodiesel in some markets. Stocks to watch are producer-country inventories: Malaysia ended 2025 with 3.05 Mt (up 79%, MPOB) and Indonesia with 2.07 Mt of CPO plus PKO (GAPKI). India holds no strategic edible oil reserve in the sources found; it manages supply through import duties, which it cut in May 2025. India's crude palm oil futures are suspended by SEBI since 20 December 2021; the ban on seven agri contracts (incl. soybean and derivatives, crude palm oil, mustard) was extended to 31 March 2027 (The Week/PTI, 27 March 2026).

Crude palm oil keeps for months in tanks but slowly loses quality, so stocks turn over faster than grains. The key monthly indicator is Malaysian end-month stocks, published by the Malaysian Palm Oil Board, which traders watch closely. The trees themselves are the long-term stock: yields respond to rainfall with a lag of many months. Ageing trees and slow replanting reduce future output regardless of current prices.

## Other sections

- [Summary](https://www.materialinsights.org/commodities/palm_oil/index.md)
- [Overview](https://www.materialinsights.org/commodities/palm_oil/overview/index.md)
- [Correlation](https://www.materialinsights.org/commodities/palm_oil/correlation/index.md)
- [Extraction](https://www.materialinsights.org/commodities/palm_oil/extraction/index.md)
- [Production](https://www.materialinsights.org/commodities/palm_oil/production/index.md)
- [Cycles](https://www.materialinsights.org/commodities/palm_oil/cycles/index.md)
- [Trading](https://www.materialinsights.org/commodities/palm_oil/trading/index.md)
- [Movement](https://www.materialinsights.org/commodities/palm_oil/movement/index.md)
- [Criticality](https://www.materialinsights.org/commodities/palm_oil/criticality/index.md)
- [Characteristics](https://www.materialinsights.org/commodities/palm_oil/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/commodities/palm_oil/emissions/index.md)
- [Relationships](https://www.materialinsights.org/commodities/palm_oil/links/index.md)