Palm oil stockpile up to 1.83 million tonnes in June


MPOB said palm oil exports fell to 1.21 million tonnes in June versus 1.38 million tonnes in May. — Bloomberg

KUALA LUMPUR: Malaysia’s total palm oil stocks increased by 4.35% to 1.83 million tonnes in June 2024 from 1.75 million tonnes in May 2024, according to the Malaysian Palm Oil Board (MPOB).

In its June 2024 industry performance report, MPOB said the country’s crude palm oil (CPO) stocks fell to 925,165 tonnes in June from 979,019 tonnes recorded in May.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Cheeding JV secures RM13.54mil contract from TNB
IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer

Others Also Read