HONG KONG: Malaysia’s palm-oil exports in November fell 12.4% from a month ago to 1.50 million metric tons, the Malaysian Palm Oil Board said Thursday.
The country exported 1.71 million tons of palm oil in October. In its monthly report, the MPOB said crude-palm-oil output fell 19% to 1.65 million tons in November. CPO output totaled 2.04 million tons in October.
Palm-oil stocks totaled 1.75 million tons at the end of November, up 2.6% from October. At the end of October, palm-oil stocks were at 1.71 million tons.