Saturday 27 Apr 2024
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KUALA LUMPUR (Feb 12): Malaysia's palm oil stockpile declined 6.75% to 2.55 million tonnes in January 2018 from 2.73 million tonnes in December 2017 as crude palm oil (CPO) production fell. The stockpile includes CPO and processed palm oil.

According to the Malaysian Palm Oil Board's (MPOB) statement today, CPO production declined 13.49% to 1.59 million tonnes from 1.83 million tonnes.

Palm oil exports however, rose 6.01% to 1.51 million tonnes from 1.43 million tonnes, according to MPOB.

 

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