date:Jun 23, 2014
Palm oil stocks in Malaysia likely edged up for a third straight month in May to touch their highest since the end of January, a Reuters survey showed on Thursday, as a rise in production outstripped export demand for the tropical oil. Stockpiles in Malaysia, the world's second-largest producer, have grown continuously since the beginning of March due to higher crude palm oil output amid poor global demand. A further rise in inventories would add pressure on benchmark palm prices that are alread