According to data released by the Malaysian Palm Oil Board (MPOB), palm oil inventories in Malaysia increased for the first time in six months at the end of March, as production recovered and imports increased significantly, offsetting strong holiday demand.
The Malaysian Palm Oil Board (MPOB) stated that as of the end of March, the inventory of Malaysian palm oil was 1.56 million tons, an increase of 3.52% month on month, marking the first inventory increase since September last year.
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