Malaysia’s end-November palm oil inventories fell to their lowest since June 2017

Oleochem Analytics — Malaysia’s end-November palm oil inventories fell to their lowest since June 2017, declining 0.58% from the previous month to 1.56 million tons, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed.

Crude palm oil production shrank 13.51% from October to 1.49 million tons.

Palm oil exports declined 22.16% month-on-month to 1.3 million tons, MPOB said.

 

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