MARKET DEVELOPMENT
Malaysia's Nov Palm Oil Exports 1.37 Million Tons; Down 4.2%
Malaysia's Nov Palm Oil Exports 1.37 Million Tons; Down 4.2%
15/12/2016 (Nasdaq) - Malaysia's palm oil exports fell 4.2% on month to 1.37 million metric tons in November, the Malaysian Palm Oil Board said Wednesday.
The country exported 1.43 million tons of palm oil in October.
Palm oil stocks totaled 1.66 million tons at the end of November, up 5.2% on month.
At the end of October, palm oil stocks were at 1.57 million tons.
The following are details of the November crop data and revised numbers for October, issued by MPOB:
The country exported 1.43 million tons of palm oil in October.
Palm oil stocks totaled 1.66 million tons at the end of November, up 5.2% on month.
At the end of October, palm oil stocks were at 1.57 million tons.
The following are details of the November crop data and revised numbers for October, issued by MPOB:
November October Change
On Month
Crude Palm Oil Output 1,574,935 1,677,873 Dn 6.1%
Palm Oil Exports 1,370,385 1,431,129 Dn 4.2%
Palm Kernel Oil Exports 73,981 93,257 Dn 20.7%
Palm Oil Imports 63,491 26,857 Up 136%
Closing Stocks 1,655,884 1,574,288 Up 5.2%
Crude Palm Oil 897,872 842,620 Up 6.6%
Processed Palm Oil 758,012 731,668 Up 3.6%
(All figures are in metric tons)