Malaysia's March-end palm oil stocks seen rising as output increases

Malaysia's March-end palm oil stocks seen rising as output increases

The Edge Markets - Malaysia·2021-04-05 15:04

KUALA LUMPUR (April 5): Malaysia's palm oil inventories likely inched higher by the end of March as production advanced for the first time in six months, though a surge in exports kept supply tight, a Reuters survey showed on Monday.

The palm oil stockpile in the world's second-largest producer was expected to rise 1.3% from February to 1.32 million tonnes, according to a median estimate of nine planters, traders and analysts polled by Reuters. 

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