Malaysia's CPO inventory rises 17.4% in April 2022

KUALA LUMPUR: Malaysia’s crude palm oil (CPO) stocks grew to 891,779 tonnes in April 2022, up 17.4 per cent from the 759,732 tonnes recorded in March, on higher production, according to the Malaysian Palm Oil Board (MPOB).

MPOB said processed palm oil inventory also rose 5.2 per cent month-on-month (m-o-m) to 750,215 tonnes from 713,112 tonnes previously.