It said processed palm oil stocks, however, went down by 7.3% month-on-month (m-o-m) to 768,811 tonnes during the month from 829,372 in July.
During the month under review, the MPOB said CPO production rose 3.07% m-o-m to 1.862 million tonnes from 1.807 million tonnes previously, while palm kernel output was 2.26% higher at 459,510 tonnes against July’s production of 449,347 tonnes.
Meanwhile, palm oil exports fell 11.31% m-o-m to 1.581 million tonnes versus 1.783 million tonnes previously, while oleochemical exports shrank 12.27% m-o-m to 236,958 tonnes from 270,100 tonnes earlier.
August’s biodiesel exports also slipped 36.69% m-o-m to 24,675 tonnes against 38,974 tonnes, previously, while palm kernel oil exports were up 1.78% at 102,379 tonnes versus 100,584 tonnes in the preceding month.
The MPOB added that exports of palm kernel cake increased 8.79% m-o-m to 247,489 tonnes from 227,494 tonnes previously.
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