Crude palm oil stocks in Malaysia fell 12.31 per cent to 1.69 million tonnes March 2019. — Reuters pic
Crude palm oil stocks decreased 12.31 per cent to 1.69 million tonnes during the month under review from 1.93 million tonnes in the preceding month. It said CPO production rose 8.25 per cent to 1.67 million tonnes in March from 1.54 million tonnes in the previous month. The MPOB said palm oil exports rose 22.37 per cent to 1.62 million tonnes during the month under review from 1.32 million tonnes in February, while exports of oleochemical gained 3.84 per cent to 284,738 tonnes from 274,220 tonnes.
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