Malaysia palm oil stocks up 19.4% m/m in April as production rebounds

Malaysia’s palm oil stocks increased for a second consecutive month in April, rising 19.4% from March to 1.87 million metric tons on a robust recovery in production, data from the industry regulator showed on Tuesday. Crude palm oil production was up 21.5% in April from March to 1.69 million tons, the second straight monthly increase and the highest level since November last year. Palm oil exports also rose for a second straight month, increasing by 9.6% to 1.1 million tons, the Malaysian Palm Oil Board (MPOB) said. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and oilseeds that ...