KUALA LUMPUR, June 12 ― Malaysia’s crude palm oil stocks for June 2022 rose 6.19 per cent to 881,299 tonnes from 829,915 tonnes recorded in the previous month, according to the Malaysian Palm Oil Board .
“As for production, CPO output increased by 5.76 per cent to 1.545 million tonnes against 1.461 million tonnes in May,” MPOB said in its industry performance report for June 2022. Meanwhile, MPOB said that palm oil export declined 13.26 per cent m-o-m to 1.194 million tonnes in June from 1.376 million tonnes in May, while palm kernel oil exports rose 13.24 per cent m-o-m to 92,130 tonnes from 81,356 tonnes in the preceding month.
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