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Malaysia palm oil stocks hit 6-month high in April on output surge

The Star LogoThe Star7h ago

Malaysia palm oil stocks hit 6-month high in April on output surge - The Star

Quick Summary:

MALAYSIA's palm oil stocks jumped to their highest level in six months in April, as production surged to a decade-high for the month while local consumption dropped, data from the industry regulator showed on Tuesday.

"We're heading into the peak production months, so we can expect to see higher production in the coming months too," the trader said.

"The stock buildup is bearish for palm oil, but it currently trades at a discount to competing oils.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 15:15:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28665939

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 46 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Malaysia palm oil stocks hit 6-month high in April on output surge" was covered 7 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 46 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #28665939
  • URL: https://wl.beamstart.com/news/malaysia-palm-oil-stocks-hit-17471216943083

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