Decline in Malaysia's Palm Oil Production Continues

Foreks - Production in Malaysia, one of the world's largest palm oil producers, has continued to decline for the third consecutive month. According to the Malaysian Palm Oil Board (MPOB), production in November decreased by 9.8% compared to the previous month, amounting to 1,621,294 tons. In October, the decline was recorded at 1.35%.

In the same month, exports dropped by 14.74%, reaching 1,487,212 tons. Imports, on the other hand, increased by 35.08%, totaling 22,081 tons. Stock levels also continued to decline, decreasing by 2.6% to 1,836,167 tons.