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Malaysia's Nov Palm Oil Exports 1.37 Million Tons; Down 4.2%
calendar15-12-2016 | linkNasdaq | Share This Post:

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:

                           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)