Malaysia Palm Oil inventory up 1.45% in September
Commodity Online | October 10 2018
UPDATED 11:54:27 IST

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Malaysia's palm oil stockpiles at the end of September slightly rose 1.45 percent from the previous month to 2.54 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said.

Figures released by the Malaysian Palm Oil Board (MPOB) showed that crude palm oil stocks in the world's second largest palm producer grew 10.79% amid growth in Peninsular Malaysia, Sabah and Sarawak, while processed palm oil stocks fell 8.29% due to declines in the three areas.

Total production for the month grew 14.4% to 1.85 million in September from 1.62 million in August.

Palm oil exports for September surged 47.2% month-on-month to 1.62 million tonnes from 1.1 million tonnes.

 

Commodity Arrivals Rate
Mustard Oil 35 8600.00
Coconut Oil 1 18400.00
Arecanut 2.5 2400.00
Sugar 65 3252.00

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