Commodity News
SunSirs: MPOB Reports that Palm Oil Inventories in Malaysia Reached 1.58 Million Tons at the End of January 2025
February 11 2025 10:23:54 SunSirs (Selena)
The January supply and demand data released by the Malaysian Palm Oil Board (MPOB) shows that Malaysian palm oil inventories at the end of January 2025 were lower than market expectations, mainly due to lower than expected production.
MPOB reported that the palm oil inventory in Malaysia at the end of January was 1.58 million tons, a decrease of 7.55% compared to the previous month, approaching the lowest value in two years. The palm oil production in Malaysia in January was 123.7 tons, a decrease of 16.80% compared to the previous month.
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Related Information
- 2025-02-21 SunSirs: Malaysia Lowers Palm Oil Reference Price by nearly 9% in March, 2025
- 2025-02-20 SunSirs: Long and Short Intertwined, China Palm Oil Market Oscillates and Oises
- 2025-02-19 SunSirs: MPOC Predicts Tight Palm Oil Storage in Malaysia in February
- 2025-02-13 SunSirs: External Market Gains, China Palm Oil Market Continues to Rise
- 2025-02-12 SunSirs: Multiple Bullish Supports, China Palm Oil Market Surges after the Spring Festival
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