Malaysia's palm oil stocks tumbled 16.1% to 2.27 million tonnes in March from February, marking their lowest level since August, data from the Malaysian Palm Oil Board (MPOB) showed on Friday. Palm oil exports rocketed 40.7% higher to 1.55 million tonnes, the most in five months. A Reuters survey had forecast inventories at 2.18 million tonnes, with output seen at 1.34 million tonnes and exports at 1.56 million tonnes. "Despite the hefty reduction in March, Malaysian palm oil inventories remain well above typical levels for this time of year," said Anilkumar Bagani, research head at vegetable oil broker Sunvin Group. India's palm oil imports fell nearly 19% in March to a three-month low, dealers said.

Source: The Edge Markets April 10, 2026 08:06 UTC