MPOB MARCH—END-MONTH STOCKS FALL LOWER THAN EXPECTED AFTER EXPORTS SURGE HIGHER THAN ANTICIPATED | MPOB Mar actual Canva

Malaysia’s palm oil stocks at the end of March slid to their lowest level seen since May 2023, with inventories reported at 1.715 million tonnes, figures from the Malaysian Palm Oil Board (MPOB) showed Monday April 15. This was 10.68% lower compared to February and marks the fifth straight monthly drop in stock levels, coming on the back of a strong rebound in exports (28.61%) despite production (10.57%) also improving in March.