Malaysia's End-Feb Palm Oil Stocks 2.44 Mln Tons; Down 5.2% on Month -MPOB

KUALA LUMPUR--Malaysia's palm oil inventories at the end of February eased
5.2% from the previous month to 2.44 million metric tons, the lowest level in
six months, the Malaysian Palm Oil Board said Monday.

  The figure is lower than market expectations of 2.46 million tons.

  In its monthly report, the industry regulator said crude palm oil output in
February fell 19% from the previous month to 1.30 million tons, and exports
fell 14% to 1.40 million tons.


  The following are details of the February crop data and revised figures for
January, issued by MPOB:

                           February      January     Change
                                                     On Month
Crude Palm Oil Output     1,295,576     1,602,492    Dn 19.2%
Palm Oil Exports          1,397,860     1,624,973    Dn 13.9%
Palm Kernel Oil Exports     101,093       103,121    Dn  1.9%
Palm Oil Imports             94,141       103,816    Dn  9.3%
Closing Stocks            2,443,741     2,578,509    Dn  5.2%
Crude Palm Oil            1,402,283     1,560,054    Dn 10.1%
Processed Palm Oil        1,041,458     1,018,455    Up  2.3%

(All figures are in metric tons)