Palm oil stocks at the end of June in Malaysia increase by 0.8% m / m – MPOB | Agricultural products

      KUALA LUMPUR, July 10 (Reuters) - The palm oil of Malaysia
stocks at the end of June increased by 0.8 percent compared to the previous
month to 2.19 million tons, the regulator of Malaysian industry
Palm Oil Board (MPOB) said Tuesday.
Production in June fell 12.6 percent from May to 1.33
million tonnes, while exports decreased by 12.6%
previous month to 1.13 million tonnes, according to the MPOB
The data.
A Thomson Reuters survey had forecast palm oil stocks at
falling 1.2 percent to 2.15 million tonnes by the end of June.
Production fell by 11.1% to 1.36 million tonnes,
while exports are also expected to fall from 7.8 percent to 1.19
million tons.
The following is a breakdown of the Malaysian Office of Palm Oil
Reuters figures and estimates for June:

(volumes in tons)
June 2018 June 2018 survey June 2017 May 2018
Production 1 332 705 1 356 500 1 514 255 1 525 405
Stocks 2,188,660 2,145,000 1,526,839 2,170,620 *
Exports 1 129 088 1 190 000 1 379 888 1 291 365 *
Imports 85,889 35,624 45,828 32,260
* denotes revised figures

(Report by Emily Chow, edited by Christian Schmollinger)