Good yield: Palm oil fruits are seen at a plantation in Peninsular Malaysia. Higher production results in exports of palm kernel oil increasing in April too. — Reuters
PETALING JAYA: Malaysia’s crude palm oil (CPO) stocks grew to 891,779 tonnes in April 2022, up 17.4% from the 759,732 tonnes recorded in March, on higher production, according to the Malaysian Palm Oil Board (MPOB).
MPOB said the processed palm oil inventory also rose 5.2% month-on-month (m-o-m) to 750,215 tonnes from 713,112 tonnes previously.
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