Palm oil stockpile to remain low

Hong Leong Investment Bank’s (HLIB) research unit meanwhile reckoned stockpile will likely remain at low levels in the coming months

PETALING JAYA: Resilient demand from China and growing restocking activities in India should keep palm oil stockpile at low levels generally, in the coming months.

Such expectations come after June inventory levels came in below expectations of analysts, supported by higher-than-expected export numbers.