Malaysia end-December palm oil stocks fall 6.91%, MPOB says

Quick Summary:

KUALA LUMPUR : Malaysia's palm oil stocks at the end of December fell 6.91 per cent from the previous month to 1.71 million metric tons, data from the industry regulator showed on Friday.

Crude palm oil production was down 8.3 per cent in December from November to 1.

A Reuters survey had forecast inventories at 1.76 million tons, with output seen at 1.48 million tons and exports at 1.38 million tons.

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Category: EconomyBusiness

Markets: SingaporeIndonesiaMalaysia

Topics: Fall Kuala Lumpur Million Cent Malaysia December Palm Stocks End-december Tons

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 12:37:40 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 195 words

Reading Time: 2 minutes read

Sentences: 13 lines

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Copyright Owner: © Channel News Asia

News ID: 25026238

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