SUMMARY OF THE MALAYSIAN PALM OIL INDUSTRY 2024
Dec 23 | Jan 24 | Feb | Mar (r) | Apr (p) | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
PRODUCTION (TONNES) | |||||||||||||
Crude Palm Oil | 1,550,796 | 1,402,355 | 1,259,383 | 1,392,471 | 1,501,941 | ||||||||
Palm Kernel | 371,204 | 341,747 | 301,671 | 343,850 | 367,421 | ||||||||
Palm Kernel Oil | 191,236 | 161,629 | 139,336 | 166,508 | 154,134 | ||||||||
Palm Kernel Cake | 210,383 | 177,825 | 153,119 | 181,010 | 171,746 | ||||||||
CLOSING STOCK (TONNES) | |||||||||||||
Palm Oil | 2,290,793 | 2,020,191 | 1,920,113 | 1,712,719 | 1,744,459 | ||||||||
Palm Kernel | 147,412 | 138,221 | 139,138 | 127,785 | 166,801 | ||||||||
Palm Kernel Oil | 418,759 | 399,631 | 365,127 | 351,607 | 347,034 | ||||||||
Palm Kernel Cake | 308,127 | 256,387 | 255,030 | 231,506 | 196,762 | ||||||||
EXPORT (TONNES) | |||||||||||||
Palm Oil | 1,362,145 | 1,349,479 | 1,024,539 | 1,326,666 | 1,234,208 | Palm Kernel Oil | 88,262 | 68,492 | 55,639 | 82,389 | 80,335 | Palm Kernel Cake | 178,436 | 231,398 | 136,195 | 188,262 | 208,602 | Oleochemical | 244,695 | 253,217 | 255,241 | 261,898 | 233,087 | Biodiesel | 17,834 | 40,559 | 29,378 | 15,825 | 35,298 |
IMPORT (TONNES) | |||||||||||||
Crude Palm Oil (CPO) | 11,103 | 3,951 | 8,592 | 0 | 0 | ||||||||
Processed Palm Oil (PPO) | 28,959 | 25,543 | 23,964 | 21,894 | 34,762 | ||||||||
Palm Oil (CPO+PPO) | 40,062 | 29,494 | 32,556 | 21,894 | 34,762 | ||||||||
Palm Kernel Oil (PKO) | 9,683 | 17,597 | 4,535 | 11,686 | 12,774 | ||||||||
PRICE (1% OER EQUIVALENT) | |||||||||||||
FFB (RM) | 38.02 | 39.28 | 41.03 | 44.36 | 45.01 |
Explanatory Notes: | |
(p) | Preliminary |
(r) | The figures for the month of March 2024 are revised by taking into account corrections made by the licensees and from late receipt of Customs No. 1 and 2 (Rev. 8/89) after 15 April 2024. |