Malaysia's Palm Oil Stock Down 11.83 Percent in January
TEHRAN (ANA)- Malaysia, the world's second largest palm oil producer, saw its palm oil stock fall 11.83 percent month on month to 2.02 million tons in January, official data showed.
Crude palm oil production dropped by 9.59 percent month on month in January to 1.4 million tons, Malaysian Palm Oil Board data showed.
Meanwhile, palm oil exports slipped 0.85 percent month on month to 1.35 million tons.
Palm oil imports, on the other hand, plunged 26.38 percent month on month to 29,484 tons in January.
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