Malaysian palm oil stocks rise as exports fall and output increases

As July came and went, Malaysian palm oil stocks raised 5.3% to their highest level in the past nine months, 2,265,494 metric tons. Falling exports and rising output was behind the increase seen in stocks. Export activity fell from 1,697,277 MT to 1,602,110, a drop of 5.61% as consumption declined post Ramadan. Exports are 11% higher than they were at this time last year.

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