Malaysian palm oil enters the production increase season in April, with output rising significantly month-on-month from the previous month. However, as Malaysia's palm oil stocks declined relatively quickly in March, foreign quotes are high, and domestic import margins have deepened into inversion, reflecting producers' reluctance to sell. In April, Malaysia's palm oil exports have decreased significantly month-on-month from the previous month. With fundamentals weakening and bullish news largely priced in, palm oil is expected to trade in a range-bound and weak manner in the short term.