KUALA LUMPUR, April 10 (Xinhua) -- Malaysia, the world's second-largest palm oil producer, saw its palm oil stock plunge 21.08 percent month on month to 1.67 million tons in March, official data showed Monday.
The Malaysian Palm Oil Board said in a statement that the country's crude palm oil production rose 2.77 percent month on month to 1.29 million tons.
Malaysia's palm oil exports also surged 31.76 percent monthly to 1.49 million tons.
Its palm oil imports slumped 24.25 percent month on month to 39,772 tons.
