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NEWS ADMIN

Mahamad Rodzi Abdul Ghani

DATE

22/01/2001

NEWS PROVIDER

Mahamad Rodzi Abdul Ghani

NEWS SOURCE

NULL

CATEGORY

HEADLINE

MALAYSIA JAN PALM OIL OUTPUT SEEN DOWN AT 915,000
Malaysia's palm oil output is expected to fall to 910,000 - 915,000 tonnesin January from 943,000 tonnes in December, private crop forecaster IvanWong said on Friday. Wong forecast end-January stocks at 1.37 - 1.38million tonnes, down from 1.41 million tonnes at end-December. Exports inJanuary were expected to 805,000 - 810,000 tonnes, down from 894,000tonnes in December, Wong said in a report. Malaysian palm oilsupply-demand estimates / projections as of January 19, 2001 (in `000tonnes) :

 

Dec JanFeb Mar

Opening stocks 15281416 1365-1375 1285-1295Imports - -- -Production 948910-915 810-815 855-860Total Supply 2471 2326-23312175-2190 2140-2155Exports 894805-810 750-755 795-800Apparent Domestic Use 161145-150 130-135 135-140Total Offtake 1055950-960 880-890 930-940End Month Stocks 1416 1365-13751285-1295 1200-1210

 

 

REUTERS

BAL/RAG/hhh.22/01/01