Tue, 13 May 2025
Malaysia's palm oil stocks hit 6-month high in April

Malaysia's palm oil stocks hit 6-month high in April

Xinhua
13 May 2025, 16:45 GMT+10

KUALA LUMPUR, May 13 (Xinhua) -- Malaysia, the world's second-largest palm oil producing country after Indonesia, saw its palm oil stocks rise in April amid increased production, official data showed Tuesday.

According to the Malaysian Palm Oil Board, Malaysia's palm oil stocks increased 19.37 percent from March to 1.87 million tons in April, the highest since October 2024.

The country's crude palm oil production also grew 21.52 percent month-on-month to 1.69 million tons in April.

Meanwhile, Malaysia's palm oil exports went up 9.62 percent month-on-month to 1.1 million tons.

Its imports, however, plunged 52.17 percent month-on-month to 58,292 tons.

More Kuala Lumpur News

Access More

Sign up for Kuala Lumpur News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!