Palm Oil Stockpiles in Malaysia Seen Climbing as Demand Weakens

  • Inventories probably expanded for first time in seven months
  • Demand from China may pick up as lower prices attract buyers

Harvested oil palm fruit is unloaded into a container from a tractor with a mechanized trailer at a plantation in Selangor, Malaysia.

Photographer: Sanjit Das/Bloomberg

Palm oil inventories in Malaysia probably expanded for the first time since November as demand for the world’s most-used vegetable oil slackened and production rebounded from the impact of a drought triggered by El Nino.

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