global palm oil use Archives

2021/22 world palm oil stocks lowered to 12.8 MMT

2021/22 world palm oil stocks lowered to 12.8 MMT

USDA lowered projected 2021/22 world palm oil stocks by 149,000 MT in the January oilseeds update. A decline in Malaysian palm oil production was the major factor in the adjustment. Production in Malaysia is now forecast at 18.7 MMT, down 1.0 MMT from the [...]

By Barbara Brodnitz|January 13, 2022|Categories: Edible Oils, Weather|Tags: COVID-19-related restrictions, global palm oil use, Indonesia palm oil S&D, La Niña, Malaysian palm oil production, palm oil exports, world palm oil stocks|0 Comments

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