Malaysia Palm Oil Board sees 2024 palm oil production improving

Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir

KUALA LUMPUR: Malaysian palm oil production in 2024 should come in at 18.75 million tons, amid improving labour conditions, industry regulator Malaysian Palm Oil Board (MPOB) said on Thursday.

MPOB's director-general Ahmad Parveez Ghulam Kadir told a seminar that stocks in the world's second-largest producer are expected to be around 1.95 million metric tons this year, compared with 2.29 million tons in 2023.