The Malaysian Palm Oil Board (MPOB) will release monthly data on March 10th. A survey shows that palm oil inventories in Malaysia at the end of February may drop to their lowest level in nearly three years due to flooding disrupting the harvesting and transportation of fresh fruit skewers.

The survey results show that Malaysian palm oil inventories are expected to drop to 1.48 million tons by the end of February, a decrease of 6.1% compared to January. This will be the fifth consecutive month of decline in palm oil inventories.

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