Malaysia's palm oil inventory falls 4.64 pct in December 2023-Xinhua

Malaysia's palm oil inventory falls 4.64 pct in December 2023

Source: Xinhua

Editor: huaxia

2024-01-10 17:36:45

KUALA LUMPUR, Jan. 10 (Xinhua) -- Malaysia, the world's second largest palm oil producer, saw its palm oil inventory fall 4.64 percent to 2.29 million tons in December 2023, official data showed Wednesday.

According to the Malaysian Palm Oil Board, Malaysia's crude palm oil production also declined 13.31 percent month on month to 1.55 million tons.

Meanwhile, Malaysia's palm oil exports contracted 5.12 percent month on month to 1.33 million tons.