Malaysia’s palm oil stocks in June reached their highest level in four months.

Malaysia's palm oil stocks totaled 2.54 million tons in June, a 4.78% increase compared to May, according to data from… Malaysian Palm Oil Board (MPOB), published this Friday (10). The result is the highest level in four months and the highest volume ever recorded for the month.

Malaysia's crude palm oil production increased by 8.08% month-on-month in June, reaching 1.64 million tons, the highest figure in six months and recovering from the decline recorded in May. 

Meanwhile, exports of the commodity jumped 6.2% from May to June, to 1.2 million tons, interrupting a sequence of two consecutive months of declines.

This text was translated by machine from Brazilian Portuguese.