By Lucy Craymer
HONG KONG--Malaysia's palm-oil stock at the end of the December were up 0.2% on month to 1.67 million metric tons, the Malaysian Palm Oil Board said Tuesday.
At the end of November, palm-oil stocks were at 1.66 million tons.
This came as the MPOB's monthly report, showed crude palm-oil output fell 6.4% to 1.48 million tons in December. CPO output totaled 1.57 million tons in November.
Exports of palm-oil in December however fell 7.5% to 1.27 million tons. Palm-oil exports totalled 1.37 million in November.
The following are details of the December crop data and revised numbers for November, issued by MPOB:
December November ChangeOn Month
Crude Palm Oil Output 1,473,717 1,574,938 Dn 6.4%
Palm Oil Exports 1,267,941 1,370,411 Dn 7.5%
Palm Kernel Oil Exports 78,818 74,772 Up 5.4%
Palm Oil Imports 44,752 63,491 Dn 29.5%
Closing Stocks 1,665,388 1,662,811 Up 0.2%
Crude Palm Oil 876,647 896,936 Dn 2.3%
Processed Palm Oil 788,741 765,875 Up 3.0%
(All figures are in metric tons)
Write to Lucy Craymer at email@example.com, @lucy_craymer
(END) Dow Jones Newswires
January 10, 2017 00:30 ET (05:30 GMT)
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