Malaysia's palm oil stockpile fell 10.68% to 1.71 million tons in March, coinciding with a 10.57% rise in production and a 28.

Malaysia's palm oil stockpile fell 10.68% to 1.71 million tons in March, as reported by the Malaysian Palm Oil Board. This drop coincided with a 10.57% rise in crude palm oil production to 1.39 million tons and a 28.61% surge in exports to 1.32 million tons. Imports plummeted 32.75% to 21,894 tons, reflecting a potential market shift in the palm oil industry, affecting global production and supply.

April 15, 2024
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