11/04/2017 (The Star Online) - KUALA LUMPUR: Malaysia’s total palm oil stocks in March rose 6.5% to 1.55 million tonnes against 1.46 million tonnes in February this year.

Crude palm oil (CPO) stocks increased 1.65% to 379,690 tonnes from 373,513 tonnes, the Malaysian Palm Oil Board (MPOB) said in a statement.

Stocks of processed palm oil also surged 18.69% to 452,848 tonnes against 381,551 tonnes, it said.

On production, MPOB said CPO output advanced 16.33% to 1.46 million tonnes in March from 1.26 million tonnes in the previous month. Palm kernel output improved 18.51% to 374,576 tonnes from 316,069 tonnes.

The MPOB said palm oil exports rose 14.34% to 1.26 million tonnes in March from 1.11 million tonnes in the previous month.

Export of oleochemicals increased 15.87% to 244,479 tonnes from 210,998 tonnes.

Palm kernel oil export slipped 1.91% to 70,472 tonnes from 71,842 tonnes and that for palm kernel cake dropped 40.5% to 111,004 tonnes from 186,568 tonnes. – Bernama