Malaysia’s palm oil stocks fell to 1.51 million tons in February, the lowest in nearly two years, due to lower production and exports. Crude palm oil output dropped 4.16%, while exports fell 16.27%. The decline may impact global prices, with supply and demand shaping future trends.
Malaysia’s palm oil stocks fell to their lowest level in nearly two years at the end of February, reaching 1.51 million metric tons, according to the Malaysian Palm Oil Board (MPOB). This marks a 4.31% decline from January, reflecting a downward trend in both production and exports.
Crude palm oil production in February dropped by 4.16% to 1.19 million tons, while exports saw a significant decline of 16.27%, totaling just over 1 million tons. Industry experts had predicted even lower stock levels at 1.48 million tons, but actual figures remained slightly higher than forecasts.
Comparing year-on-year data, Malaysia’s palm oil inventory was significantly lower than the 1.92 million tons recorded in February 2024, highlighting tighter supply conditions. Imports also fell to 66,784 tons, down from 88,474 tons in January.
The declining stock levels could influence global palm oil prices and trade flows, with demand and weather conditions playing a crucial role in shaping market trends in the coming months. As Malaysia remains a key player in the palm oil industry, these shifts may have wider economic implications.
Iran should continue ‘blocking the Strait of Hormuz’, Iran's new Supreme Leader Mojtaba Khamenei, sai...
Fifteen Turkish-owned vessels remain stranded in the blockaded Strait of Hormuz, Türkiye’s Transport an...
Freight transport on the China–Europe Railway Express grew strongly in the first two months of 2026, highlig...
New Iranian Supreme Leader Mojtaba Khamenei has said Iran should continue ‘blocking the Strait of Hormuz’...
Iran’s President Masoud Pezeshkian has set recognition of Tehran’s inalienable rights, payment of war ...
New Iranian Supreme Leader Mojtaba Khamenei has said Iran should continue ‘blocking the Strait of Hormuz’ in his first statement since his election, read out on Iranian State television on Thursday (12 March).
Iran’s President Masoud Pezeshkian has set recognition of Tehran’s inalienable rights, payment of war compensation, and international guarantees against any future invasion as conditions for ending the U.S.–Israel war with the Islamic Republic.
At least 64 people have been killed in southern Ethiopia following recent landslides and floods, the regional government’s communications office said on Thursday (12 March), citing local police
British Prime Minister Keir Starmer was warned about the "reputational risks" of appointing Peter Mandelson as U.S. Ambassador due to his friendship with convicted sex offender Jeffery Epstein, files released on Wednesday (11 March) show.
The 32 countries belonging to the Internatioanl Energy Agency agreed to release 400 million barrels of oil on Wednesday (11 March), in efforts aimed at bringing down the price of crude oil, which has soared since fighting between Iran, Israel and the U.S. started at the end of February.
Iran should continue ‘blocking the Strait of Hormuz’, Iran's new Supreme Leader Mojtaba Khamenei, said in his first speech since being elected on Thursday. His words were read out by a broadcaster on state Iranian television. Khamenei has still yet to be seen in public since his election.
A towering lava fountain from Kilauea shot about 400 metres into the air late on Tuesday (11 March) on Hawaii Island, prompting temporary closures at Hawaii Volcanoes National Park and part of a key highway as volcanic ash and debris fell over nearby areas.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
More than 68,000 children in eastern Afghanistan have been displaced after clashes between Afghan and Pakistani forces intensified along the border, according to a new report by Save the Children.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment