Malaysia’s March palm oil stocks fall 21% as exports outpace supply

Malaysia’s palm oil stocks fell 21% by end-March compared with the previous month, well below market expectations as exports surged while production grew at a slower rate, data from the Malaysian Palm Oil Board showed April 10. End stocks at the world’s second largest palm oil producer and exporter fell to 1.673 million mt, much lower than the 1.795 million…