The reason for stocks increase was the increase in palm oil production over the month by 16.33% to 1.46 mln tons. It was 20% more than last year, when palm plantations were in a poor condition following the drought.

In March, palm oil export grew by 14.34% versus February to 1.27 mln tons. There has been growth in sales to Bangladesh of 50,100 tons versus 4,500 tons a month earlier and Turkey up to 74,500 tons (24,300).