Palm oil stocks in Malaysia hit multi-year highs

driven by record production of 2.04 million tonnes, up 11.02% from the previous month. Palm oil exports also rose to a record 18.58% to 1.6 million tonnes. At the same time, analysts predict a slowdown in both stock and production growth in the country this month. They attribute the former to the current peak in volumes, and the latter to growing export demand due to lower prices compared to other vegetable oils. It was previously reported that palm oil production in Malaysia could grow by another 3.4% and reach a record 20 million tonnes in 2025. 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 ...