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On a monthly basis, shipments rose 0.36pc in March due to increased demand from markets such as South Korea, Japan and Malaysia, GAPKI said in a statement.
Shipments to the world's top vegetable oil market, India, however, fell by 62 percent in March from a month earlier.
At the end of March, domestic stocks of palm oil stood at 2.43 million tonnes, down from February's 2.5 million tonnes, GAPKI said.