Malaysia's palm oil stocks hit 8-month high in May as output jumps


File pic — AZHAR MAHFOF/The Star

Malaysia's palm oil stocks jumped to their highest level in eight months in May as a surge in production and imports countered exports, which rose to their highest in six months, data from the industry regulator showed on Tuesday.

Palm oil stocks rose 6.65% month-on-month in May, the third consecutive monthly increase, to 1.99 million metric tons, the highest since September 2024, the Malaysian Palm Oil Board (MPOB) said.

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CPO , Palm oil , MPOB , Crude palm oil

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