Malaysia palm oil stocks up 19.4% m/m in April as production rebounds
Malaysia’s palm oil stocks increased for a second consecutive month in April, rising 19.4% from March to 1.87 million metric tons on a robust recovery in production, data from the industry regulator showed on Tuesday.
Crude palm oil production was up 21.5% in April from March to 1.69 million tons, the second straight monthly increase and the highest level since November last year.
Palm oil exports also rose for a second straight month, increasing by 9.6% to 1.1 million tons, the Malaysian Palm Oil Board (MPOB) said.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
Wheat prices in Ukraine continue to rise, although stock exchange quotes fell by 3...
US may lift tariffs on products it cannot supply itself with
BLACK SEA OIL TRADE: Straight Talk on the 2024/25 Season and 2025/26 Projections
EU increased duties on imports of agricultural products and fertilizers from Russi...
IMF approves new $500 mln tranche for Ukraine
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon