Palm oil stockpile climbs in August as exports slow


KUALA LUMPUR (Bernama) -- Malaysia's crude palm oil (CPO) stocks increased by 7.09% to 930,295 tonnes in August from 868,664 tonnes in the preceding month, the Malaysian Palm Oil Board (MPOB) said in its latest report on the industry’s performance for the month of August.

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.

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MPOB , production , stockpile , exports

   

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