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Malaysia’s palm oil stocks rose 1.71% or 38,900 tonnes to 2.30 million tonnes in April 2026, from 2.27 million a month earlier, according to the Malaysian Palm Oil Board (MPOB).

In its April industry performance report, MPOB said crude palm oil (CPO) stocks also increased 0.54% or 6,844 tonnes to 1.26 million tonnes in April 2026, from 1.25 million in March 2026.

“Processed palm oil stockpiles climbed 3.16% to 1.04 million tonnes from 1.01 million tonnes,” it said.

On production, MPOB said CPO output surged 18.37% or 252,952 tonnes to 1.63 million tonnes, from 1.38 million a month earlier, while palm kernel output also increased 19.92% month-on-month to 390,124 tonnes, from 325,320.

Crude palm kernel oil production rose 18.59% to 192,268 tonnes from 162,127 in March, while palm kernel cake output increased 21.54% to 214,403 tonnes from 176,406.

However, palm oil exports declined 14.34% in April 2026 to 1.30 million tonnes from 1.52 million a month earlier, while palm kernel oil exports rose 39.65% to 110,711 tonnes from 79,278.

Palm kernel cake exports increased to 266,186 tonnes from 180,104. Oleochemical exports rose 23.83% to 310,510 tonnes from 250,746 in March, while biodiesel exports surged 193.04% to 37,825 tonnes from 12,908.

MPOB reported zero CPO imports in April, while palm kernel oil imports rose 29.13% to 11,103 tonnes, from 8,598 in the preceding month.

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Nigeria produces 1.4 million tonnes of palm oil annually: FG
Mr Kyari called on stakeholders to work together to unlock the full potential of the sector.

News Agency of Nigeria • April 16, 2026
Palm oil (Credit: House food)
Palm oil (Credit: House food)
The federal government says Nigeria produces approximately 1.4 million metric tonnes of palm oil annually, while domestic demand exceeds 2.5 million metric tonnes.

The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this on Thursday at the National Stakeholders Meeting on the Joint Development of Nigeria’s Palm Oil Production Capacity in Abuja.

Mr Kyari was represented by his senior technical assistant, Ibrahim Alkali.

He described the meeting as a strategic platform requiring clarity of purpose, alignment of interests and decisive action to reposition the palm oil sector.

The minister recalled that Nigeria was a global leader in palm oil production in the 1960s, accounting for over 40 per cent of global supply.

According to him, palm oil was a major export commodity and a key driver of rural livelihoods and industrial development at the time.

He, however, noted that the country’s production capacity had declined over the years.

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