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More losses in palm oil seen as output swells and demand falters

Futures in Malaysia have slid 19% from March peak as production recovers

Malaysia's palm oil inventories are set to rise for the first time since November, according to a Bloomberg survey, while a growers' group estimates June production to have climbed 10 per cent from May.

Kuala Lumpur

PALM oil, on the verge of sliding into a bear market, may extend losses as a seasonal increase in production threatens to expand stockpiles and demand falters, according to Godrej International Ltd's Dorab Mistry.

Demand from major customers for the oil, used in...