Month Production 2023 Production 2024 Chg(%) End Stocks 2023 End Stocks 2024 Chg (%) Exports 2023 Exports 2024 Chg (%) Jan 1380410 1402355 1.59 2268198 2020191 -10.93 1136995 1349479 18.69 Feb 1253573 1259572 0.48 2119854 1920113 -9.42 1127970 1024539 -9.17 Mar 1288354 1392471 8.08 1674022 1712554 2.30 1487836 1327112 -10.80 Apr 1461029 1501905 2.80 1497535…
ITS: 1,240,593 vs 944,009 (up 296,584 or higher by 31.42%)AMSPEC: 1,173,224 vs 891,570 (up 281,654 or higher by 31.59%)
The plantation and commodities minister says Malaysia’s average replanting rate is 1.8%, against the industry standard of 4%-5%. NEW DELHI: A better replanting rate of older oil palm areas could increase Malaysia’s annual palm oil output by 2.5 million tonnes, plantation and commodities minister Johari Ghani says. Johari had raised concerns about the low rate of…
KUALA LUMPUR (July 16): Crude palm oil (CPO) futures for the active months in 2024 are forecast to average between RM3,850 and RM4,000 per tonne on Bursa Malaysia, according to the Malaysian Palm Oil Association (MPOA). In a statement on Monday (July 15), the association said this projection indicates a slight increase compared to the…
