Malaysia: In April, palm oil production and export are growing

According to Oil World, in April 2017, palm oil production in Malaysia rises to 1.5 mln. tonnes given 1.3 mln. tonnes a year earlier, against the backdrop of high yields in the oil plantations.

During the month, the export of the product reached 1.28 mln. tonnes (1.17) and the stocks amounted to 1.6 mln. tonnes (1.8).

During the period January - April 2017, palm oil production in Malaysia reached the record 5.5 mln. tonnes given 4.7 mln. tonnes a year earlier. Export during the period remained unchanged from January to April 2016.

In the coming months, Malaysian palm oil export will grow and stocks will continue to decline.