Palm oil stocks down 4.64% in December


The MPOB said crude palm oil inventory decreased by 9.43% to 1.20 million tonnes last month from 1.32 million tonnes in November.

PETALING JAYA: Malaysia’s total palm oil stocks fell 4.64% to 2.29 million tonnes in December 2023 from 2.40 million tonnes in November, according to the Malaysian Palm Oil Board (MPOB).

In its latest industry performance report for December 2023, the MPOB said crude palm oil (CPO) inventory decreased by 9.43% to 1.20 million tonnes last month from 1.32 million tonnes in November.

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