KUALA LUMPUR, Aug. 12 (Xinhua) — Analysts on Tuesday said they expect Malaysia’s palm oil stockpiles to remain high in the near term after the country’s July stockpile hit a 19-month high of 2.11 million tons.

RHB Investment Bank said in a note that it expects Malaysia’s palm oil output to continue ramping up towards the peak season, while demand should also improve, as crude palm oil (CPO) prices are now at a