What is the trend for processed palm oil stock?

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Processed Palm Oil Stocks Showed an Upward Trend in May

In May 2020, Malaysia's processed palm oil stock experienced a month-on-month increase, reaching 1.03 million tonnes. This represents a 3.80 per cent rise compared to the 999,760 tonnes recorded in April of the same year. This increase in processed palm oil stock contrasts with a slight overall decline in total palm oil stocks for the month.
Increase in Processed Palm Oil Inventory

The stock of processed palm oil specifically saw a notable rise of 3.80 per cent in May 2020. This brought the total inventory to 1.03 million tonnes, up from 999,760 tonnes in the preceding month. This growth contributed to the overall palm oil stock figures for the period.
Overall Palm Oil Stocks Decline

Despite the increase in processed palm oil stock, Malaysia's total palm oil stocks experienced a marginal decrease of 0.49 per cent in May 2020. The total stock level stood at 2.03 million tonnes, a slight reduction from the 2.04 million tonnes recorded in April 2020. This suggests that other components of the palm oil inventory may have seen declines.
Crude Palm Oil Stock Decreased

In contrast to processed palm oil, crude palm oil (CPO) stock recorded a decrease in May 2020. CPO stock fell by 4.60 per cent month-on-month, settling at 996,730 tonnes compared to 1.04 million tonnes in April. This indicates a shift in the composition of the overall palm oil inventory.

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What is the trend for processed palm oil stock?

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