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PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, NOVEMBER 2024

PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, NOVEMBER 2024

  OCTOBER(r) NOVEMBER(p) DIFFERENCE
QUANTITY

(%)
PRODUCTION (TONNES)
CRUDE PALM OIL      
P. Malaysia 968,820 875,818 (93,002) (9.60)
Sabah 434,846 392,760 (42,086) (9.68)
Sarawak 393,682 352,716 (40,966) (10.41)
Total 1,797,348 1,621,294 (176,054) (9.80)
PALM KERNEL 416,058 361,340 (54,718) (13.15)
CRUDE PALM KERNEL OIL 209,148 176,302 (32,846) (15.70)
PALM KERNEL CAKE 232,637 197,095 (35,542) (15.28)
STOCK (TONNES)(s)
CRUDE PALM OIL
P. Malaysia 457,393 392,758 (64,635) (14.13)
Sabah 314,868 355,693 40,825 12.97
Sarawak 171,211 159,043 (12,168) (7.11)
Total 943,472 907,494 (35,978) (3.81)
PROCESSED PALM OIL        
P. Malaysia 602,226 572,861 (29,365) (4.88)
Sabah 207,338 208,535 1,197 0.58
Sarawak 132,147 147,277 15,130 11.45
 Total 941,711 928,673 (13,038) (1.38)
TOTAL PALM OIL        
P. Malaysia 1,059,619 965,619 (94,000) (8.87)
Sabah 522,206 564,228 42,022 8.05
Sarawak 303,358 306,320 2,962 0.98
 Total 1,885,183 1,836,167 (49,016) (2.60)
PALM KERNEL 141,285 128,752 (12,533) (8.87)
CRUDE PALM KERNEL OIL 181,919 161,611 (20,308) (11.16)
PROCESSED PALM KERNEL OIL 129,601 123,999 (5,602) (4.32)
TOTAL PALM KERNEL OIL 311,520 285,610 (25,910) (8.32)
PALM KERNEL CAKE 255,815 304,313 48,498 18.96
EXPORT (TONNES)
PALM OIL 1,744,265 1,487,212 (257,053) (14.74)
PALM KERNEL OIL 149,928 108,545 (41,383) (27.60)
PALM KERNEL CAKE 273,307 194,901 (78,406) (28.69)
OLEOCHEMICAL 263,579 224,290 (39,289) (14.91)
BIODIESEL 13,509 11,744 (1,765) (13.07)
IMPORT (TONNES)(q)
CRUDE PALM OIL 0 0 0 0.00
PROCESSED PALM OIL 16,347 22,081 5,734 35.08
PALM OIL 16,347 22,081 5,734 35.08
TOTAL PALM KERNEL OIL 3,749 8,472 4,723 125.99
PRICE (1% OER EQUIVALENT)
FFB (RM) 47.03 55.52 8.49 18.05


Explanatory Notes:
   
(p) Preliminary
   
(q) The import and export figures are based on information extracted from Customs No. 1 and 2 (Rev. 8/89) received up to 10.00 a.m., 10 December 2024. The export date refers to that as authorised by the Customs Department.
   
(r) The figures for the month of October 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 11 November 2024.
   
(s) It refers to the total physical amount of crude and processed palm oil kept at the premises of mills, refineries, bulking installations, oleochemical plants and biodiesel plants as at 30 November 2024.
 


Printed on December 22, 2024, 3:48 pm