Sun, 02 Oct 2022

KUALA LUMPUR, Aug. 10 (Xinhua) -- Malaysia, the world's second-largest palm oil producer, saw its July palm oil stocks rise 7.71 percent from the previous month to 1.77 million tonnes, official data showed Wednesday.

According to the industry regulator Malaysian Palm Oil Board, Malaysia's crude palm oil production increased by 1.84 percent month on month to 1.57 million tonnes.

Palm oil exports, meanwhile, grew 10.72 percent month on month to 1.32 million tonnes.

Malaysia's palm oil exports to China in July stood at 55,325 tonnes, bringing its exports to the world's second-largest palm oil buyer from January to July to 621,168 tonnes.

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