Malaysia's palm oil stocks up 1.85 pct in April-Xinhua

Malaysia's palm oil stocks up 1.85 pct in April

Source: Xinhua

Editor: huaxia

2024-05-10 21:52:15

KUALA LUMPUR, May 10 (Xinhua) -- Malaysia, the world's second largest palm oil producer, saw its palm oil stocks rise 1.85 percent from the previous month to 1.74 million tons in April.

The Malaysian Palm Oil Board (MPOB)'s data showed on Friday that the country's crude palm oil production grew 7.86 percent month on month to 1.50 million tons.

Meanwhile, the country's palm oil exports fell 6.97 percent month on month to 1.23 million tons.

Its palm oil imports, on the other hand, surged 58.77 percent month on month to 34,762 tons.