Malaysian March palm oil stocks rise against February but biodiesel soars 126%

In Malaysia, the Bernama news agency reports that palm oil production continued to rise in March to 1.67 million metric tons, up more than 8% from February, increasing the stocks of processed palm oil to 1.23 million tons but crude palm oil stocks fell more than 12% to 1.69 million tons. Exports nearly matched production in March, however, at 1.62 million tons. Biodiesel imports jumped more than 126% on the month to 83,753 tons but production figures were not reported.