Good yield: Palm oil fruits are seen at a plantation in Peninsular Malaysia. Higher production results in exports of palm kernel oil increasing in April too. — Reuters
PETALING JAYA: Malaysia’s crude palm oil (CPO) stocks grew to 891,779 tonnes in April 2022, up 17.4% from the 759,732 tonnes recorded in March, on higher production, according to the Malaysian Palm Oil Board (MPOB).
MPOB said the processed palm oil inventory also rose 5.2% month-on-month (m-o-m) to 750,215 tonnes from 713,112 tonnes previously.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
