Malaysia's palm oil inventory down 11% in Dec 2019
The Edge Markets - Malaysia·2020-01-10 13:27
KUALA LUMPUR (Jan 10): Malaysia's total palm oil stocks dropped 11 per cent to 2.01 million tonnes in December 2019 from 2.26 million tonnes recorded in the previous month.
In a statement today, the Malaysian Palm Oil Board (MPOB) said crude palm oil (CPO) stocks decreased by 11.58 per cent to 1.02 million tonnes in December from 1.15 million tonnes in November, while processed palm oil stocks lost 10.38 per cent to 987,579 tonnes from 1.1 million tonnes previously.
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