Malaysia's palm oil stocks rise to 2.09 million tons in August-Xinhua

Malaysia's palm oil stocks rise to 2.09 million tons in August

Source: Xinhua| 2022-09-12 15:39:00|Editor: huaxia

KUALA LUMPUR, Sept. 12 (Xinhua) -- Malaysia's palm oil stocks rose 18.16 percent from the previous month to 2.09 million tons in August, official data showed Monday.

According to the Malaysian Palm Oil Board, the world's second largest palm oil producer saw its crude palm oil production grow 9.67 percent month on month to 1.73 million tons in August.

Palm oil exports slipped 1.94 percent month on month to 1.3 million tons in the same month.

From January to August, Malaysia exported 9.81 million tons of palm oil worth 59.93 billion ringgit (13.31 billion U.S. dollars).

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