A worker shows oil palm fruits at a plantation in Kuala Selangor January 2, 2020. The MPOB said palm oil exports strengthened 10.69 per cent m-o-m in May 2020 to 1.36 million tonnes from 1.24 million tonnes in April. — Picture by Yusof Mat Isa
In a statement, the industrial regulator said crude palm oil stock declined 4.60 per cent m-o-m in May to 996,730 tonnes versus April’s 1.04 million tonnes. Exports of palm kernel cake rose 14.03 per cent m-o-m to 191,019 tonnes versus 167,510 tonnes, while biodiesel exports for the month under review jumped 190.22 per cent m-o-m to 18,652 tonnes from 6,427 tonnes.
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