Palm oil fruit bunches sit at the Malaysian Palm Oil Board research plantation in Kluang, Johor, Malaysia. (Photographer: Joshua Paul/Bloomberg)

Palm Stockpiles in World's No. 2 Grower Seen at 10-Month Low

(Bloomberg) -- Palm oil inventories in Malaysia, the world’s second-biggest grower, likely shrank to the smallest in 10 months in May as overseas shipments rose on festive demand.