KUALA LUMPUR, Sept 12 (NNN-BERNAMA) – Malaysia’s palm oil stocks rose 18.16 percent from the previous month to 2.09 million tonnes in Aug, official data showed today.
According to the Malaysian Palm Oil Board, the world’s second largest palm oil producer, saw its crude palm oil production grow 9.67 percent month on month, to 1.73 million tonnes in Aug.
Palm oil exports slipped 1.94 percent month on month to 1.3 million tonnes in the same month.
From Jan to Aug, Malaysia exported 9.81 million tonnes of palm oil worth 59.93 billion ringgit (13.31 billion U.S. dollars).
