Data released by the Malaysian Palm Oil Board (MPOB) for April indicates that Malaysia's palm oil inventories rose during the month—ending a three-month streak of consecutive declines—as production increased while exports slowed.

With April production rising and exports slowing, inventories reversed their three-month downward trend to post a gain; these signs of easing supply-and-demand conditions exert a generally bearish influence on both spot and futures prices for palm oil.

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