Malaysia’s end-September palm stocks rise 4 pct m/m MPOB

11-Oct-2017 Intellasia | Reuters | 6:00 AM Print This Post

Malaysia’s palm oil stocks

at end-September rose 4 percent to 2.02 million tonnes from the

previous month, industry regulator the Malaysian Palm Oil Board

(MPOB) said on Tuesday.

Production in September fell 1.7 percent from August to 1.78

million tonnes. Exports rose 1.8 percent to 1.52 million tonnes.

A Thomson Reuters survey had pegged inventory levels to rise

3.2 percent to 2 million tonnes in September. Production was

seen up 1.5 percent at 1.84 million tonnes, while exports were

seen rising 7.8 percent at 1.60 million tonnes.

The following is a breakdown of Malaysian Palm Oil Board

figures and Reuters estimates for September:

(volumes in tonnes)

September 2017 September 2017 poll September 2016 August 2017

Output 1,779,924 1,838,403 1,715,085 1,810,551*

Stocks 2,019,018 2,004,806 1,546,758 1,941,717*

Exports 1,515,304 1,603,500 1,461,173 1,488,194*

Imports 41,173 42,000 1,792 41,661

https://sg.news.yahoo.com/malaysias-end-sept-palm-stocks-044047106.html

 


Category: Malaysia

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