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

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

Source: Xinhua

Editor: huaxia

2025-05-13 18:54:00

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.