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Malaysia’s April palm oil stocks drop 6.6pc | Malay Mail

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Malaysia’s April palm oil stocks drop 6.6pc

Crude palm oil stocks decreased 12.55 per cent to 842,372 tonnes during the month under review from 963,270 tonnes in the preceding month. — Reuters pic

Crude palm oil stocks decreased 12.55 per cent to 842,372 tonnes during the month under review from 963,270 tonnes in the preceding month. It said CPO production fell 0.20 per cent to 924,797 tonnes in April from 926,649 tonnes in the previous month. The MPOB said palm oil exports rose 2.02 per cent to 1.65 million tonnes in April from 1.62 million tonnes in March, while exports of oleochemical reduced 9.88 per cent to 256,940 tonnes from 285,107 tonnes.

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