MARKET DEVELOPMENT
Malaysia end-March palm oil stocks rise more-than-expected to 1.45 mln T – MPOB
Malaysia end-March palm oil stocks rise more-than-expected to 1.45 mln T – MPOB
12.04.2021 (www.todayonline.com) - KUALA LUMPUR, April 12 - Malaysia's end-March palm oil stocks rose 10.7% from the previous month to 1.45 million tonnes, data from industry regulator Malaysian Palm Oil Board (MPOB) showed on Monday.
Crude palm oil production grew 28.4% from February to 1.42 million tonnes, while palm oil exports jumped 31.8% to 1.18 million tonnes, MPOB said. REUTERS