MPOB May Monthly Report: Horse Palm Oil Stocks Expected to Increase to 1.78 million Tonnes in May

Golden Ten Futures, June 4, according to Bloomberg survey, Malaysia's palm oil inventory is expected to be 1.78 million tons in May 2024, an increase of 2.3% from April, an increase of 5% from May last year, the second consecutive month of increase; production is 1.67 million tons, an increase of 11.3% from April, the largest monthly increase since May 2023; export volume is 1.40 million tons, an increase of 14% from April.