Malaysia's palm oil stocks up 12.6% in May

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The Malaysian Palm Oil Board said crude palm oil inventory grew by 10.7 per cent to 921,800 tonnes last month from 832,966 tonnes in April.

The Malaysian Palm Oil Board , in its latest industry performance report, said crude palm oil inventory grew by 10.7 per cent to 921,800 tonnes last month from 832,966 tonnes in April.

CPO production improved by 26.8 per cent to 1.52 million tonnes in May from 1.20 million tonnes in the month before, while palm kernel output went up by 25.1 per cent to 367,689 tonnes from 293,919 tonnes.

 

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