Total Palm oil inventories in Malaysia fell by 5% to 1.92 million tons in February 2024, which is lowest since July 2023. CPO production fell by 10% on the month to 1.26 million tons in February, although the production in stable, Palm kernel production is lower by 12% month-one-month to 302,000 tons in February, production of crude palm kernel oil fell by 14% to 139,000 tons according to MPOB as per news sources. Palm oil stocks fell eventhough exports are at three years low. Palm oil exports in February lower by 25% month-on-month to 1.02 million tons, which is lowest since 2021 February.