CPO output totaled 1.39 million tons in May.
MPOB said in its monthly report that CPO exports rose 5.5% to 1.44 million tons in June. The country exported 1.36 million tons in May.
Palm oil inventories totaled 1.45 million tons at the end of June, down 7% from 1.56 million tons in May.
The following are details of the June crop data and revised numbers for May, issued by MPOB:
June May Change On Month Crude Palm Oil Output 1,420,062 1,385,424 Up 2.5% Palm Oil Exports 1,440,884 1,365,637 Up 5.5% Palm Kernel Oil Exports 60,227 112,480 Down 46% Palm Oil Imports 61,028 114,397 Down 47% Closing Stocks 1,451,434 1,562,323 Down 7.1% Crude Palm Oil 715,821 813,986 Down 12.1% Processed Palm Oil 735,613 748,337 Down 1.7% (All figures are in tons) -By Shie-Lynn Lim, Dow Jones Newswires; +603 2026 1233; shie-lynn.lim@dowjones.com
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