KUALA LUMPUR: Malaysia's crude palm oil (CPO) stocks slumped 19.2 per cent to 583,761 tonnes in December 2020 from the 722,451 tonnes in November, the Malaysian Palm Oil Board (MPOB) said.
Processed palm oil stocks shrank by 18.85 per cent month-on-month (m-o-m) to 681,120 tonnes during the month compared with 839,307 tonnes in the preceding month, the board said in its monthly report on the palm oil industry performance for December 2020.
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