Malaysia’s Palm Oil Stock Up 5.15 Pct To 2.42 Million Tonnes In May 2026 - MPOB

KUALA LUMPUR, June 10 (Bernama) -- Malaysia’s palm oil stock rose 5.15 per cent or 118,891 tonnes, to 2.42 million tonnes in May 2026 from 2.30 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).

In its May industry performance report, MPOB said crude palm oil (CPO) stocks also increased 1.64 per cent, or 20,211 tonnes, to 1.28 million tonnes in May 2026 from 1.26 million in April 2026.

“Processed palm oil stockpiles surged 9.45 per cent to 1.14 million tonnes from 1.04 million tonnes,” it said.

On production, MPOB said CPO output slid 6.96 per cent, or 113,474 tonnes, to 1.51 million tonnes from 1.63 million a month earlier, while palm kernel output also decreased 9.59 per cent month-on-month to 352,697 tonnes from 390,124.

Crude palm kernel oil production shed 9.05 per cent to 174,871 tonnes from 192,268 in May, while palm kernel cake output dropped 9.81 per cent to 193,362 tonnes from 214,403.

MPOP said palm oil exports declined 14.45 per cent in May 2026 to 1.10 million tonnes from 1.29 million a month earlier, while palm kernel oil exports was down by 21.76 per cent to 86,424 tonnes from 110,711.

Palm kernel cake exports reduced to 177,880 tonnes from 273,536. Oleochemical exports fell 14.46 per cent to 254,947 tonnes from 298,060 in April, while biodiesel exports was up by 9.35 per cent to 41,361 tonnes from 37,825.

MPOB reported zero CPO imports in May, while palm kernel oil imports were 21.96 per cent lower to 8,665 tonnes from 11,103 tonnes in the preceding month.

-- BERNAMA