Malaysian February palm oil production up 3% YOY

Malaysia produced 1.14 MMT of palm oil last month, down 117,000 MT from January but still posting another month of year-on-year growth thanks to low production in early 2021. Production should rise in March and April, but total output is expected to be lower [...]

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 [...]

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