Malaysia’s palm oil stocks drop 4.98% in Nov 2022

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MPOB said CPO stocks decreased by 0.57 per cent to 1.30 million tonnes in November from 1.31 million tonnes in October. theSun theSundaily palmoil stocks Drop Malaysia

: Malaysia’s total palm oil stocks dropped 4.98 per cent to 2.29 million tonnes in Nov 2022 from 2.41 million tonnes recorded in the previous month.

It said CPO production depreciated 7.33 per cent to 1.68 million tonnes in November from 1.81 million tonnes in October while palm kernel output was 9.04 per cent lower at 407,617 tonnes from 448,129 tonnes.

 

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