10/01/2013 (Bernama) - Malaysia's palm oil stocks rose 2.41 per cent to 2.63 million tonnes in December from 2.56 million tonnes recorded in November, the Malaysian Palm Oil Board (MPOB) said today.

It said crude palm oil (CPO) stocks in December decreased 5.54 per cent to 1.58 million tonnes while that of processed palm oil jumped 17.16 per cent to 1.05 million tonnes.

Palm kernel stocks decreased 13.16 per cent to 187,717 tonnes while that of crude palm kernel oil expanded 5.08 per cent to 286,422 tonnes.

Processed palm kernel oil stocks gained 3.93 per cent to 178,209 tonnes and palm kernel cake stocks increased 2.97 per cent to 312,178 tonnes.

MPOB said the CPO production last month fell 5.86 per cent to 1.78 million tonnes from 1.89 million tonnes recorded in November.