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Malaysia's Palm Oil Stocks Surge Amid Mixed Demand

8/4/2025

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Story summary
  • Malaysia's palm oil stockpiles reached 2.23 million tonnes in July, a 10% increase.
  • Production rose by 8.3% to 1.83 million tonnes, with exports up 3.2%.
  • Despite strong demand from India and biodiesel use in Indonesia, sluggish overseas demand may impact prices.
  • Benchmark futures settled at RM4,245 per tonne.