KUALA LUMPUR: Malaysia’s March palm oil inventories rose 1.67% from February as an unexpected jump in production exceeded an increase in exports, official data showed on Friday, but demand is set to slow in the face of global coronavirus-led lockdowns.
End-March stockpiles in the world’s second largest producer grew to 1.73 million tonnes after five months of decline, according to data by industry regulator the Malaysian Palm Oil Board (MPOB).
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