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.