First look: Singapore's Lad & Dad opens in Wisma Cosway under the name Lad And Fry, serving awesome fish and chipsMPOB said that Malaysia’s palm oil stocks rose 0.5 per cent from the previous month to 1.75 million metric tonnes, the highest since February. — Picture by Farhan NajibKUALA LUMPUR, June 10 — Malaysia’s palm oil stocks rose marginally to a three-month high in May, as strong exports were offset by a rebound in production, the industry regulator said today.
The data from the world’s second-largest palm oil producer after Indonesia could potentially weigh on benchmark futuresPalm oil exports also rose to a six-month high of 1.38 million tonnes, up 11.66 per cent from April, the MPOB said. The MPOB report is neutral for the market, said Anilkumar Bagani, research head of vegetable oils broker Sunvin Group.