Palm oil stocks down to 14-month low


PETALING JAYA: Malaysia’s palm oil inventory fell to a 14-month low in April at 1.8 million tonnes, but crude palm oil (CPO) production rose to 1.3 million tonnes from a month earlier, said the Malaysian Palm Oil Board (MPOB).

Most analysts said the MPOB’s latest palm oil statistics released yesterday was within the industry concensus.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , palm oil , oil palm , stocks , shares , klci , klse , bursa , price ,

   

Next In Business News

OCBC bank signs MoU with Beibu Gulf to attract investors to MCKIP
Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects
Foreign investors stay net buyers on Bursa Malaysia at RM873.9mil
Arka shares jump 10% to one-year high
FBM KLCI starts week strong on rate cut hopes, Q1 GDP boost
Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
S&P profit recovery revs up on Big Tech and strong consumer run
Oriental’s strong balance sheet to enhance growth

Others Also Read