Plantation sector
ON Wednesday, the Malaysian Palm Oil Board released palm oil statistics for February. Production declined by 11.3 per cent month-on-month (m-o-m) and 1 per cent year-on-year (y-o-y). Exports were down 20 per cent m-o-m but up 2.4 per cent y-o-y. Stocks inched down by 1 per cent m-o-m.
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