Malaysia’s palm oil stocks fell 0.79% in July 2019


KUALA LUMPUR: Malaysia's total palm oil stocks fell 0.79 per cent in July 2019 to 2.39 million tonnes from 2.41 million tonnes recorded in the previous month, according to the Malaysian Palm Oil Board (MPOB).

The board in its "Performance of the Malaysian Palm Oil Industry for the Month of July 2019” report today stated that crude palm oil (CPO) stocks fell 0.72 per cent to 1.34 tonnes from 1.35 tonnes while processed palm oil stock decreased by 0.88 per cent to 1.055 million tonnes from 1.64 tonnes previously.

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