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.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Palm oil prices are expected to continue rising after a short-term correction
Georgia reduced wheat imports in April
Brazilian soyabean oil exports jump 47% amid record crop and weak domestic demand
Zimbabwe plans new grain import levies to strengthen food security
Global vegetable oil production to hit record high again – USDA
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon