InfoSAWIT, KUALA LUMPUR – The total palm oil stock in Malaysia escalated 12,6 percent to be 1,69 million tons in May 2023 from April that reached 1,50 million tons

Malaysian Palm Oil Board (MPOB) reported, crude palm oil di (CPO) stock in Malaysia increased 10,7% to be 921.800 tons, while in April 2023 it reached 832.966 tons.

Including its derivative products that increased 15,1% to be 764.982 tons from April that reached 664.651 tons.

Still from MPOB, CPO production escalated 26,8% to be 1,52 million tons in Mei while in April it reached 1,20 million tons, palm kernel export increased 25,1% to be 367.689 tons from 293.919 tons.

MPOB continued Malaysia CPO exports decreased only 0,8%, or about 8.521 tons, to be 1,08 million tons in May while in April they reached 1,09 million tons. Oleo-chemical exports increased 2,5% to be 227.043 tons.

As InfoSAWIT quoted from Bernama, biodiesel exports increased 219,8% to be 13.568 tons in May from 4.242 tons in April; palm cake export increased 4,2% to be 177.877 tons from the previous month that reached 170.772 tons. Palm kernel oil exports increased 6,1% to be 93.804 tons while in April they reached about 88.447 tons. (T2)