Malaysia’s Palm Oil Stocks Rise Despite Export Growth

11-Aug-2025 12:24 PM

Kuala Lumpur. The peak season of production of this important vegetable oil is still going on in Malaysia, the world's second largest palm oil producer and exporter after Indonesia, and therefore, despite better export performance, its outstanding surplus stock has increased to cross the limit of 21 lakh tonnes. There has also been a good increase in the outstanding stock of palm kernel oil.

The latest monthly report of the government body - Malaysian Palm Oil Board (Ampob) shows that the production of crude palm oil (CPO) in Malaysia during July 2025 increased by 7.09 percent compared to June to reach 18,12,417 tonnes, which is the highest level for any month this year.

The industry got a good supply of fresh fruit bunches (FFB) of oil palm and hence the pace of its crushing-processing increased.

According to the report of Ampob, although the total export of palm oil products from Malaysia increased by 3.82 percent to 13,09,959 tonnes during July as compared to June and its import from abroad decreased by 12.82 percent to 61,039 tonnes, despite this,

the gross outstanding surplus stock of palm oil increased by 4.02 percent to 21,13,278 tonnes, which is the highest level in the last several months.

Although the stock of crude palm oil fell by 2.02 percent to 10,20,780 tonnes at the end of July as compared to the end of June, the stock of processed palm oil (RBD palm oil and refined palmolein etc.) jumped by 10.38 percent to 10,92,498 tonnes.

There was some increase in the export of CPO, but the export performance of RBD palm oil / palmolein remained weak. Stock of palm kernel oil also rose by 11.97 per cent to 3,20,805 tonnes during this period, Ampob reported.