Malaysia palm oil stocks hit 8-month high as output rises, exports fall

Malaysian palm oil inventories climbed to an eight-month peak in August, according to figures released on Thursday by the country's industry regulator. Stockpiles climbed 7.48% month on month, reaching 2.82 million metric tons, which extends a run of five monthly gains. Business Recorder reported these figures.

Crude palm oil output rose 1.39% to 1.82 million tons, marking a third month of gains in a row and its strongest point since December 2025. Exports, by contrast, fell to 1.29 million tons, a 7.5% decline that ends two months of growth, according to the Malaysian Palm Oil Board.

Against a Reuters survey that had projected inventories of 2.76 million tons, the August stock figure came in higher, while exports landed below the 1.32 million tons forecast. Output matched the 1.82 million tons expected by the poll.