The Malaysian Palm Oil Board says total palm oil has edged up 1.67 per cent even as crude palm oil stock dropped by 2.57 per cent. — Picture by Yusof Mat Isa
The Malaysian Palm Oil Board , in a statement today, said crude palm oil stock dropped by 2.57 per cent to 829,524 tonnes from 851,427 tonnes previously. Furthermore, CPO production increased by 8.44 per cent to 1.39 million tonnes from 1.28 million tones in February.The MPOB said palm oil exports strengthened 9.15 per cent in March 2020 to 1.18 million tonnes from 1.08 million tonnes in February 2020.
Palm kernel oil exports firmed 4.85 per cent in March 2020 to 77,481 tonnes from 73,898 tonnes in the preceding month.
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