MPOB: Crude palm oil stocks fall in Dec 2021 on lower production, export | Malay Mail

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KUALA LUMPUR, Jan 10 — Malaysian crude palm oil (CPO) stocks for December 2021 fell 11.89 per cent to 830,339 tonnes from 942,354 tonnes in the previous month on lower production and export, the Malaysian Palm Oil Board (MPOB) said. The world’s second-largest palm oil producer’s end-December...

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KUALA LUMPUR, Jan 10 — Malaysian crude palm oil stocks for December 2021 fell 11.89 per cent to 830,339 tonnes from 942,354 tonnes in the previous month on lower production and export, the Malaysian Palm Oil Board said.

The MPOB said overall, stocks slipped 12.88 per cent to 1.58 million tonnes from 1.82 million tonnes previously. Palm kernel output dropped 9.8 per cent to 350,493 tonnes from 388,562 tonnes in the preceding month, the board said, adding that crude palm kernel oil production was 6.15 per cent lower at 168,529 tonnes from 179,565 tonnes in November.

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