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):
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