11/05/2011 (Bernama) - Malaysia's palm oil stocks, production and exports rose in April this year, while imports declined compared with the previous month.

In a statement Tuesday, the Malaysian Palm Oil Board said total stocks, comprising crude palm oil (CPO) and processed palm oil, rose by 3.49 per cent to 1.671 million tonnes in April from 1.614 million tonnes in March.

April crude palm oil (CPO) stock increased to 943,854 tonnes from 918,301 tonnes in March, while processed palm oil rose to 726,908 tonnes from 696,165 tonnes previously.

CPO production in April went up by 8.02 per cent to 1.53 million tonnes from 1.416 million tonnes in the previous month.

Palm kernel production in April rose to 387,515 tonnes from 368,419 tonnes previously, while crude palm kernel oil increased to 173,189 tonnes from 161,657 tonnes in March.

Production of palm kernel cake increased to 192,003 tonnes from 180,753 tonnes previously.

Palm oil exports in April rose to 1.332 million tonnes from 1.235 million tonnes in March this year.

CPO imports in April, however, declined to 59,900 tonnes from 132,029 tonnes previously, while the import of processed palm oil rose to 3,492 tonnes from 1,476 tonnes in March.

The average price of fresh fruit bunches per tonne declined by 4.3 per cent to RM37.80 per tonne in April.