Malaysia Palm Oil Stocks Hit 6-Month High in April on Output Surge

MALAYSIA - KUALA LUMPUR/MUMBAI. Malaysia's palm oil stocks jumped to their highest level in six months in April, as production surged to a decade-high for the month while local consumption dropped, data from the industry regulator showed on Tuesday.

The rise in inventory in Malaysia, the world's second-largest palm oil producing country after Indonesia, could weigh on benchmark futures, traders said.

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