ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Nikkei Markets

Malaysia's March palm oil inventory slips to 5-month low

Exports outpaced production but demand growth still lags market expectations

Malaysia's palm oil data for March was largely underwhelming.    © Reuters

KUALA LUMPUR (Nikkei Markets) -- Malaysia's palm oil inventory slipped to a five-month low in March, falling 4.6% from the previous month as exports grew faster than output, official data released Wednesday showed.

Stockpile in Malaysia, the world's largest palm oil producer after Indonesia, totaled 2.92 million tons in March, compared with 3.06 million tons in February, according to the Malaysian Palm Oil Board. Exports surged 22.4% to 1.62 million tons, while output climbed 8.3% on-month to 1.67 million tons.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more