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Malaysia's Dec Palm-Oil Exports 1.27 M Tons; Down 7.5%

10 Jan 2017 5:15 am
   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      Change 
                                                     On 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 lucy.craymer@wsj.com, @lucy_craymer

(END) Dow Jones Newswires

January 10, 2017 00:15 ET (05:15 GMT)

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