Malaysia's palm oil stocks fall to 7-month low

KUALA LUMPUR: Malaysia's palm oil stocks at the end of February fell 5% from the previous month to 1.92 million metric tons, their lowest in seven months, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Monday.

Crude palm oil production declined 10.18% from January to 1.26 million tons, while palm oil exports plunged 24.75% to 1.02 million tons, MPOB said.