KUALA LUMPUR: Malaysia's palm oil stocks at the end of September rose 6.93% from the previous month to 2.01 million metric tons, the highest level in eight months, data from the industry regulator showed on Thursday.
Crude palm oil production was down 3.80% in September from August to 1.82 million tons, while palm oil exports ticked up 0.93% to 1.54 million tons, the Malaysian Palm Oil Board (MPOB) said.
A Reuters survey had forecast inventories at 1.95 million metric tons, with output seen at 1.87 million tons and exports at 1.5 million tons.
Following is a breakdown of the Malaysian Palm Oil Board figures and Reuters estimates for September (volumes in tons):
*indicates revised figures by the Malaysian Palm Oil Board - Reuters
