Rising Palm Oil Yield Signals Start Of Seasonal Supply Uptrend

Quick Summary:

MPOB’s March 2025 production of palm oil in Malaysia rose month-on-month (MoM) to 1.387 million metric tons (MT), but remained flat year-on-year (YoY), according to a Kenanga Research report.

Consequently, closing inventory increased by 3% MoM to 1.563 million MT, although it was down 9% YoY and 16% below the 10-year average.

Kenanga Research maintains an “OVERWEIGHT” rating for the plantation sector, citing its defensive qualities.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaUkraine

Topics: Palm News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 03:47:52 (5 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Today

News ID: 27783408

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