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Malaysia’s palm oil stocks drop 12.69pc in Jan 2020 | Malay Mail

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KUALA LUMPUR, Feb 10 — Malaysia’s total palm oil stocks eased 12.69 per cent to 1.76 million tonnes in January 2020 from 2.01 million tonnes recorded in December 2019. In a statement today, the Malaysian Palm Oil Board (MPOB) said crude palm oil (CPO) stock decreased by...

A worker collects palm oil fruits at a plantation in Kuala Selangor January 2, 2020. — Picture by Yusof Mat Isa

In a statement today, the Malaysian Palm Oil Board said crude palm oil stock decreased by 17.13 per cent to 844,867 tonnes in January 2020 from 1.02 million tonnes previously.CPO production fell 12.60 per cent to 1.17 million tonnes in January 2020 from 1.33 million tonnes in December 2019, while palm kernel output was 9.79 per cent lower at 285,274 tonnes from 316,240 tonnes.

 

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