KUALA LUMPUR: Malaysia’s total palm oil stocks rose by 110,610 tonnes, or 3.15 per cent, to 3.62 million tonnes in October this year from 3.51 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
MPOB said crude palm oil (CPO) stocks increased 7.46 per cent, or 161,379 tonnes, to 2.32 million tonnes in October from 2.16 million tonnes in September. "Processed palm oil stockpile slid 3.77 per cent, or 50,769 tonnes, to 1.29 million tonnes from 1.34 million tonnes in September,” it said in its Malaysian Palm Oil Industry October 2026 performance report.
On production, MPOB said CPO output rose 1.74 per cent, or 36,751 tonnes, to 2.15 million tonnes in September. This compared with 2.11 million tonnes a month earlier, while palm kernel output inched down 0.79 per cent month-on-month to 504,766 tonnes from 508,392 tonnes.
Crude palm kernel oil production increased 10.56 per cent to 231,498 tonnes from September, while palm kernel cake output went up 7.68 per cent to 250,572 tonnes.
MPOB said palm oil exports surged 55.75 per cent in October 2026 to 1.70 million tonnes from a month earlier. Palm kernel oil exports fell 1.96 per cent to 73,395 tonnes from a month earlier. Palm kernel cake exports fell by 36.89 per cent to 248,305 tonnes.
Meanwhile, oleochemical exports increased 34.26 per cent to 322,708 tonnes from September, while biodiesel exports jumped 84.53 per cent to 5,406 tonnes from last month.
MPOB reported zero CPO imports in October. Processed palm oil imports fell 48.87 per cent to 26,207 tonnes from 51,252 tonnes, while palm oil imports dropped 54.86 per cent to 26,207 tonnes from the preceding month. - Bernama
