KUALA LUMPUR: Malaysia's palm oil stocks at the end of June rose 4.35 per cent from the previous month to 1.83 million metric tonnes, data from the industry regulator showed on Wednesday.
Crude palm oil production declined 5.23 per cent from May to 1.62 million tons, while palm oil exports plunged 12.82 per cent to 1.21 million tonnes, the Malaysian Palm Oil Board (MPOB) said.
A Reuters survey forecast inventories at 1.83 million tonnes, with output at 1.62 million tonnes and exports at 1.24 million tonnes.