Malaysia’s End-October Palm Oil Stocks 1.85 Mln Tons, up 3.5% on Month - MPOB

KUALA LUMPUR–Malaysia's palm-oil inventories at the end of October rose 3.5% on month to 1.85 million metric tons, the Malaysian Palm Oil Board said Monday.

Crude palm-oil output in October rose 3.1% from the previous month to 1.97 million tons. Exports were up 3.3% on month at 1.66 million tons, the industry regulator said in its monthly report.

The following are details of the October crop data and revised numbers for September, issued by the MPOB:

           

                                                    

	October	September	Change On Month
Crude Palm Oil Output	1,972,249	1,912,175	Up 3.14%
Palm Oil Exports	1,659,105	1,605,567	Up 3.33%
Palm Kernel Oil Exports	104,833	76,060	Up 43.5%
Palm Oil Imports	22,503	19,483	Up 15.5%
Closing Stocks	1,845,312	1,783,530	Up 3.46%
Crude Palm Oil	1,037,975	966,253	Up 7.42%
Processed Palm Oil	807,337	817,277	Dn 1.22%

(All figures are in metric tons)

Write to Shie-Lynn Lim at shie-lynn.lim@wsj.com

(END) Dow Jones Newswires

November 10, 2013 23:45 ET (04:45 GMT)

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