Malaysia’s end-March palm oil stocks hit one-year low as demand jumps
Malaysia’s palm oil inventories at the end of March shrank for a fifth consecutive month as a larger-than-expected rise in exports and plunge in imports outweighed strong production growth, Malaysian Palm Oil Board (MPOB) data showed on Monday. Stockpiles in the world’s second-largest producer fell 2.99% from February to 1.47 million tonnes, the lowest since March 2021, according to MPOB data.
By: via Malaysian Palm Oil Council Russia
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