The latest May Supply & Demand report from the Malaysia Palm Oil Board (MPOB) reveals a 13.48% increase in the production of Crude Palm Oil (CPO). Palm Oil (PO) exports experienced an 11.66% decline compared to April. The increase in export have been in offset by the surge in production of palm oil resulting in an up-move of 0.50% in Total Palm Oil (TPO) stocks, reaching 17.53 LMT. The MPOB data suggests a neutral momentum, as there is only a marginal rise in ending stocks of palm oil. Hence, the MPOB data for May is expected to be neutral.