KUALA LUMPUR: Malaysia's total palm oil stocks in June 2015 declined 4.33% to 2.15 million tonnes against the 2.25 million tonnes recorded in the previous month.
In a statement today, the Malaysian Palm Oil Board (MPOB) stated that crude palm oil (CPO) stock for June decreased 14.55% to 1.10 million tonnes against 1.29 million tonnes previously.
Processed palm oil stock grew by 9.42% to 1.05 million tonnes in May.
Total CPO production eased 2.58 per cent to 1.76 million tonnes at end-June against 1.81 million tonnes recorded previously.
Exports of biodiesel for June was significantly higher at 22,670 tonnes, up 1,625.67 per cent from 1,314 tonnes previously.
Export of palm oil increased 5.19% to 1.697 million tonnes compared to 1.613 million tonnes in May.
Meanwhile, import of CPO for June rose by 8.40% to 79,396 tonnes compared to the previous month, while palm oil imports inched up 2.36% to 103,496 tonnes.
The average fresh fruit bunches (FFB) price in June was quoted at RM23.66 per tonne, up 4% from RM22.75 per tonne previously.- Bernama
No comments:
Post a Comment