Malaysia end-July palm oil stocks slump to 4-month low as output shrinks

KUALA LUMPUR: Malaysia's palm oil stockpiles hit a four-month low at July end, falling below expectations, as production and imports shrank, according to data released by the country's palm oil board on Wednesday.

Inventories at the world's second largest producer fell 7.3% from June to 1.5 million tonnes, its first decline in five months, the Malaysian Palm Oil Board (MPOB) data showed.