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Malaysia End-May Palm Oil Stocks Down 10.34% MoM - MPOB

12 Jun 2019 10:17 am
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MUMBAI (Commoditiescontrol) -Palm oil inventories in Malaysia, at the end of May stood at 2.45 million tonnes, down 10.34 percent from the previous month, its third straight monthly drop, according to data from the Malaysian Palm Oil Board (MPOB) on Wednesday.

End-April palm oil stocks were at 2.73 million tonnes.

The MPOB data showed output rose 1.34 percent to 1.67 million tonnes in May from 1.65 million tonnes in April.

While May exports were up 3.51 percent from April to 1.71 million tonnes for a third month of gains. Exports were at 1.65 million tonnes in April.

(By Commoditiescontrol Bureau)


       
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