Malaysia’s palm oil stocks rise for first time in 6 months in March
Malaysia’s palm oil stocks posted their first rise in six months in March, increasing by 3.52% from February to 1.56 million tons, data from the industry regulator showed on Thursday.
Crude palm oil production was up 16.76% in March from February to 1.39 million tons, the first increase in three months, while palm oil exports rose 0.91% to 1.01 million tons, the Malaysian Palm Oil Board (MPOB) said.
Following is a breakdown of the Malaysian Palm Oil Board figures and estimates for March (volumes in tons):
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
New crop corn prices in Poland remain low due to loss of sales markets
Russia exported over 6 mln tons of wheat in the new season, mostly to Egypt
Trade war may create Canadian economic opportunities
Malaysia’s palm oil standard gains EU nod against deforestation
Sweet corn surge: Morocco breaks 20K tonne export barrier
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon