Deprecated: Hook wp_smush_should_skip_parse is deprecated since version 3.16.1! Use wp_smush_should_skip_lazy_load instead. in /home/u238116408/domains/vyaparsampark.com/public_html/wp-includes/functions.php on line 6031
MALAYSIA’ S DECEMBER AND PALM OIL STOCKS TO DROP - vyaparsampark.com
Deprecated: Hook wp_smush_should_skip_parse is deprecated since version 3.16.1! Use wp_smush_should_skip_lazy_load instead. in /home/u238116408/domains/vyaparsampark.com/public_html/wp-includes/functions.php on line 6031

Malaysia’s palm oil inventories at the end of December estimated to drop despite lower exports, due to lower production according to Reuters survey. Inventories are expected to drop by 2.38% from November to 2.37 million tons for the 2nd consequitive month according to the medium estimate of 12 traders, planters and analysts polled by Reuters. Crude palm oil (CPO) production of Malaysia expected to drop to 1.6 million tons (-10.31%) decline from November, according to Mumbai based commodity research head, Anil Kumar Bagani. Exports likely to dropped by 4.39% to 1.34 million tons. Malaysian palm oil futures for March delivery rose by RM 15 or 0.4% to RM 3636 ($ 784.13) per ton after 4 session drop as on today 4/1/2024 mid-day break.