Malaysia Palm Oil Stocks Hit Nearly 2-Year Low in Feb as Output Drops

KUALA LUMPUR. Malaysia's palm oil stocks fell for a fifth month in February to their lowest in 22 months as production declined, outweighing a reduction in exports, data from the industry regulator showed on Monday.

The drop in stocks in the world's second-largest palm oil producer after Indonesia could support benchmark futures , traders said, even as the tropical oil's premium over soyoil reduces demand from price-sensitive importing countries.

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