Malaysia end-May palm oil stocks surge as output swells
KUALA LUMPUR – Malaysia’s end-May palm oil inventories rose for the first time in four months, after output surged to its highest level so far this year, data from the nation’s palm oil board showed on Monday. Stockpiles in the world’s second-largest producer rose 12.63% from the month before to 1.69 million metric tonnes, the Malaysian Palm…
