Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept


KUALA LUMPUR: Malaysia’s total palm oil stocks rose by 691,835 tonnes, or 24.54 per cent, to 3.51 million tonnes in September this year from 2.8 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

MPOB said crude palm oil (CPO) stocks increased 31.88 per cent, or 522,905 tonnes, to 2.16 million tonnes in September from 1.64 million tonnes in August.

"Processed palm oil stockpile jumped 14.33 per cent, or 168,930 tonnes, to 1.34 million tonnes from 1.17 million tonnes in August,” it said in its Malaysian Palm Oil Industry, August 2026, performance report.

On production, MPOB said CPO output rose 16.48 per cent, or 299,451 tonnes, to 2.11 million tonnes in September. This compared to 1.81 million tonnes a month earlier, while palm kernel output gained 18.16 per cent month-on-month to 508,392 tonnes from 430,599 tonnes.

Crude palm kernel oil production increased 4.91 per cent to 209,381 tonnes from August, while palm kernel cake output climbed 7.81 per cent to 232,696 tonnes.

MPOB said palm oil exports, however, declined 12.13 per cent in September 2026 to 1.22 million tonnes from a month earlier.

Palm kernel oil exports fell 34.09 per cent to 74,364 tonnes from a month ago. Palm kernel cake exports fell by 3.99 per cent to 204,687 tonnes.

Meanwhile, oleochemical exports increased 2.62 per cent to 239,723 tonnes from August, while biodiesel exports fell 91.69 per cent to 2,930 tonnes from last month.

MPOB reported zero CPO imports in September. Processed palm oil inched up 3.49 per cent to 51,252 tonnes from 49,524 tonnes, while palm oil leaped 17.25 per cent to 58,064 tonnes from the preceding month. - Bernama

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