Palm oil stock rises 1.92% in June


PETALING JAYA: Malaysia’s total palm oil stock increased by 1.92% to 1.72 million tonnes in June 2023 from 1.69 million tonnes in the preceding month.

In its latest industry performance report for June 2023, the Malaysian Palm Oil Board (MPOB) said crude palm oil (CPO) inventory fell by 0.43% to 917,846 tonnes last month from 921,800 tonnes in May.

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