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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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Presco Plc has reported a pre-tax profit of ₦69.24 billion in its unaudited Q1 2026 financial results, marking an 18.2% growth compared to the ₦58.61 billion recorded in the same period of 2025.
The report, submitted to the Nigerian Exchange Group over the weekend, highlights strong gross margins, improved finance income, and reduced borrowing costs, despite facing exchange rate losses and increased tax expenses

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Presco Plc has declared a pre-tax profit of N69.24 billion in its unaudited financial results for the first quarter ended March 31, 2026.

This represents an 18.2% increase from N58.61 billion recorded in the corresponding period of 2025.

The financial results filed with the Nigerian Exchange (NGX) at the weekend show strong gross margins, improved finance income, and a significant reduction in borrowing costs, despite pressures from exchange losses and a higher tax burden.

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The Okomu Oil Palm has recorded a pretax profit of N34.09 billion in its unaudited Q1 2026 results filed on the Nigerian Exchange, marking a solid start to the year.

This represents a 5.88% increase from the N32.2 billion reported in the same period last year, supported mainly by lower sales costs and a stable revenue base.

Revenue for the quarter came in at N58.9 billion, slightly above N58.1 billion in Q1 2025, driven by oil palm and rubber sales, with local demand accounting for 92.9%.

A 24.5% decline in sales costs to N11.6 billion strengthened margins, which reflected on the bottom line, with earnings per share rising to N24.74 from N22.79, signalling improved returns for shareholders.

Visit www.nairametrics.com to read more.

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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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Malaysian plantation stocks outperformed on Monday, benefitting from strong palm oil demand and a rally in crude oil amid renewed US-Iran tensions.

Strong exports in March at a time of rising palm oil prices suggests stockpiling in the months ahead amid uncertainties from the Middle East geopolitical conflict, according to research houses including Kenanga Investment Bank and TA Securities. Supply, meanwhile, is tightening.

Buyers may “stock up for another quarter or two” regardless of a ceasefire in the Middle East due to rising food security concerns, Kenanga said in a note.

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https://nairametrics.com/2026/04/08/okomu-oil-records-n90-6-billion-fy2025-profit-sets-dividend-date/

The Okomu Oil Palm Company published its audited 2025 results, reporting a pretax profit of N90.6 billion, up from N53.5 billion in 2024.

This performance was driven by solid top-line earnings, with revenue rising 52.18% year-on-year to N198.1 billion, compared with N130.2 billion in the previous year.

A closer look shows that palm, rubber, and oil processing activities generated N172.6 billion in Nigeria, while sales outside Nigeria contributed N25.5 billion.

The company declared a final dividend of N15 per 50 kobo share, payable on May 26, 2026, to shareholders on record as of the April 27, 2026, qualification date.

Key highlights (2025 vs 2024)
Revenue: N198.1 billion, up 52.18% YoY
Other income: N12.5 billion vs N15.3 billion
Raw materials and consumables: N29.5 billion, up 30.47% YoY
Employee benefits expenses: N31.03 billion vs N26.1 billion
Pretax profit: N90.6 billion, up 69.26% YoY

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Malaysia’s plantation sector is poised for a stronger earnings cycle as tighter regional supply controls and rising biodiesel demand continue to underpin crude palm oil (CPO) prices, according to recent sector research reports.

Thailand’s move to tighten CPO export controls from April 7 is expected to lend near-term support to CPO prices by limiting supply availability in the global market.

Under the new measure, exporters must obtain prior written approval for each shipment to safeguard domestic supply amid rising local consumption and biodiesel demand.

While Thailand accounts for only a relatively small share of global palm oil exports, analysts said the policy reinforces a broader regional trend of prioritising domestic energy security and food supply, particularly as higher crude oil prices improve biodiesel economics.

Research houses have subsequently adjusted their CPO price assumptions for 2026 and 2027.

HongLeong Investment Bank raised its 2026 estimates by RM150 per tonne to RM4,350 per tonne but kept its long term forecast of RM4,200 per tonne from 2027 as supply conditions gradually normalise.

"We expect prices to remain elevated at RM4,500-4,600 per tonne in 2Q26 before moderating from 3Q26 onwards," it said in a note on Wednesday.

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Nigeria has unveiled an ambitious plan to reposition the oil palm industry as a major economic driver, targeting a 10 percent share of the global market and lifting about two million citizens out of poverty within six years.
Aliyu Sabi Abdullahi, minister of state, Federal Ministry of Agriculture and Food Security, stated this in his keynote address at the Nigerian Oil Palm Development Strategy Validation Meeting, tagged “Unlocking Nigeria’s Oil Palm Potential: Pathways to Sustainability and Growth”, which was held in Abuja on Thursday, April 2, 2026.
Abdullahi said the initiative marks a decisive shift from policy inertia to structured, investment-led growth across the value chain.
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