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News Admin
 
Date
 23/01/2002
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 NULL
Headline
 PALM OIL OUTPUT SEEN DOWN 14 PCT-WONG

KUALA LUMPUR, Jan 22 (Reuters) - Malaysia's palm oil output was estimatedat 915,000-920,000 tonnes in January, down 14 percent from December,private crop forecaster Ivan Wong said on Tuesday.Wong's estimates, released to the market on Monday, forecastend-January stocks of palm oil at 1.16-1.17 million tonnes, down from theofficial 1.21 million tonnes in December.The crop forecaster put palm oil exports in January at 855,000-860,000tonnes, down from the official 949,630 tonnes in December.Wong's palm oil supply-demand estimates/projections as of January 21,2002 (in '000 tonnes) were:DecJan Feb MarOpening stocks 1294 12131155-1165 960-970Imports 4132 5-10 5Production 949 915-920760-765 870-875Total supply 2284 2160-21651920-1945 1835-1850Exports 950 855-860820-825 880-885Apparent domestic use 121 140-145130-135 135-140Total offtake 1071 995-1005950-960 1015-1025End month stocks 1213 1155-1165960-970 810-820


ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
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