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Palm Oil (CPO) News - MALAYSIA%EF%BF%BD%EF%BF%BD%EF%BF%BDS SEPTEMBER CRUDE PALM OIL STOCKS FELL 2.27 MPOB
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MALAYSIA’S SEPTEMBER CRUDE PALM OIL STOCKS FELL 2.27 - MPOB

According to Malaysia Palm Oil Board (MPOB), Malaysia’s September Crude palm oil stocks fell 2.27 percent to 9.30 lakh tons compared to 9.52 lakh tons in August 2021. Production of palm oil in September fell 0.386 percent to 17.03 lakh tons compared to 17.10 lakh tons in August 2021. Exports of palm oil in September rose 36.83 percent to 15.97 lakh tons compared to 11.67 lakh tons in July 2021. Imports of palm oil in September fell to 74,992 tons from 91,408 tons of imports in previous month. Stocks of palm oil fell to trade expectation of fall in stocks due to high exports.