MPOB May Monthly Report: Horse Palm Oil Stocks Expected to Increase to 1.78 million Tonnes in May
2024-06-04 14:15:34
Golden Ten Futures, June 4, according to Bloomberg survey, Malaysia's palm oil inventory is expected to be 1.78 million tons in May 2024, an increase of 2.3% from April, an increase of 5% from May last year, the second consecutive month of increase; production is 1.67 million tons, an increase of 11.3% from April, the largest monthly increase since May 2023; export volume is 1.40 million tons, an increase of 14% from April.
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