Malaysia's palm oil stocks rise 10.54 pct month on month in September

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Malaysia's palm oil stocks rise 10.54 pct month on month in September

STORY: Malaysia's palm oil stocks rise 10.54 pct month on month in September DATELINE: Oct. 12, 2022 LENGTH: 00:01:39 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur City Centre view 2. various of workers harvesting palm seeds 3. various of palm oil plantation area 4. various of palm oil factory and oil truck STORYLINE: Data released by the Malaysian Palm Oil Board showed on Tuesday that Malaysia's September palm oil inventories rose 10.54 percent from August to 2.32 million tonnes. According to the data, the world's second-largest palm oil producer saw its crude palm oil production climb 2.59 percent month on month to 1.77 million tonnes. Meanwhile, its palm oil exports grew 9.25 percent month on month to 1.42 million tonnes. Palm oil imports, on the other hand, slumped 23.15 percent month on month to 132,303 tonnes. Xinhua News Agency correspondents reporting from Kuala Lumpur. (XHTV)

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