Malaysia’s February palm oil stocks rise to 3.05m tonnes | Malay Mail

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Malaysia’s February palm oil stocks rise to 3.05m tonnes

A worker unloads palm oil fruit bunches from a lorry inside a palm oil mill in Bahau January 30, 2019. — Reuters pic

Crude palm oil stocks rose 2.29 per cent to 1.92 million tonnes during the month under review from 1.87 million tonnes in the preceding month. It said CPO production fell 11.1 per cent to 1.54 million tonnes in February from 1.74 million tonnes in the previous month. The MPOB said palm oil exports slipped 21.38 per cent to 1.32 million tonnes in February from 1.68 million tonnes in January, while exports of oleochemical went up 15.80 per cent to 273,964 tonnes from 236,589 tonnes.

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