Malaysia Palm Oil Production and Exports Surge In July, 2018

As per latest update from Malaysian Palm Oil Board (MPOB), Malaysias palm oil stockpiles at the end of July increased by 1.3 percent from the last month to 2.21 million tonnes. Production in July increased from 12.8 percent from the previous month to 1.5 million tonnes, while exports augmented by6.8 percent from June to 1.21 million tonnes.