KUALA LUMPUR: Malaysia's palm oil stocks at the end of October rose 5.84% from the previous month to 2.45 million metric tons, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Friday.
Crude palm oil production gained 5.89% from September to 1.94 million tons in October, while palm oil exports increased to 1.47 million tons, MPOB said.
A Reuters survey forecast inventories at 2.56 million, or growth of 10.82% on the month, and saw production at 1.88 million tons and exports at 1.29 million tons.
Following is a breakdown of the Malaysian Palm Oil Board figures and Reuters estimates for October (volumes in tons): - Reuters
