Malaysia’s palm oil stocks fall – Gulf Today

Malaysia’s palm oil stocks fall – Gulf Today

January stocks in Malaysia slumped 12.7 per cent to 1.76 million tonnes from the previous month, lowest since June 2017, data from the Malaysian Palm Oil Board (MPOB) showed.. January production fell 12.6 per cent from the previous month to 1.17 million tonnes, the lowest monthly figure since February 2016, according to MPOB.. Malaysia's exports in January took a hit after lower purchases from top buyers India and China, with exports falling 13.2 per_cent from December to 1.21 million tonnes, the MPOB data showed..