Malaysia end-July palm oil stocks seen at 8-month high as output rises

KUALA LUMPUR: Malaysia's palm oil inventories at end-July likely jumped to the highest in eight months due to improving production and soaring imports, a Reuters survey showed on Thursday.

Stockpiles in the world's second-largest producer expanded 8.3% from June to 1.79 million tonnes, according to the median estimate of 11 traders and analysts polled by Reuters.