KUALA LUMPUR: Malaysia's palm oil stocks posted their first rise in six months in March, increasing by 3.52% from February to 1.56 million tons, data from the industry regulator showed on Thursday.
Crude palm oil production was up 16.76% in March from February to 1.39 million tons, the first increase in three months, while palm oil exports rose 0.91% to 1.01 million tons, the Malaysian Palm Oil Board (MPOB) said.
A Reuters survey had forecast inventories at 1.56 million tons, with output seen at 1.31 million tons and exports at 1.02 million tons.
Following is a breakdown of the Malaysian Palm Oil Board figures and Reuters estimates for March (volumes in tons): - Reuters
