MPOB: Malaysia’s palm oil stocks hit four-month high in June on weak exports

  • 📰 malaymail
  • ⏱ Reading Time:
  • 24 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Malaysian Palm Oil Board MPOB News

Palm Oil Stocks,Malaysia

KUALA LUMPUR, July 10 — Malaysia’s palm oil stocks surged to a four-month high in June, driven by a steeper decline in exports compared to production, the industry regulator...

So why do Malaysians still eat badly? Report says it is for the usual reasons of income, lack of time... and ads

The rise in stocks in Malaysia, the world’s second-largest palm oil producer after Indonesia, would put pressure on benchmark futures, which fell more than 4 per cent in two days. Crude palm oil production declined 5.23 per cent from May to 1.62 million tons, while palm oil exports plunged 12.82 per cent to 1.21 million tons,A Reuters survey forecast inventories at 1.83 million tonnes, with output at 1.62 million tonnes and exports at 1.24 million tonnes.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines