Malaysian Palm Oil Board: CPO stocks decline 7.03pc in May 2022

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KUALA LUMPUR, June 10 ― Malaysia’s crude palm oil (CPO) stocks for May 2022 declined 7.03 per cent to 829,855 tonnes from 892,596 tonnes recorded in the previous month,...

KUALA LUMPUR, June 10 ― Malaysia’s crude palm oil stocks for May 2022 declined 7.03 per cent to 829,855 tonnes from 892,596 tonnes recorded in the previous month, according to the Malaysian Palm Oil Board .

“As for production, CPO output decreased by 0.07 per cent to 1.461 million tonnes against 1.462 million tonnes in April,” MPOB said in its industry performance report for May 2022.

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