Wednesday, March 11, 2009

RTRS-UPDATE 1-Malaysia's Feb palm oil stocks down 15 pct-MPOB

KUALA LUMPUR, March 11 - Malaysian crude palm oil stocks in February fell 14.7 percent to 1,561,151 tonnes from a revised 1,829,357 tonnes in January, official crop agency Malaysian Palm Oil Board (MPOB) said on Wednesday.

Palm oil output was down 10.7 percent in February from the previous month while exports dropped 7.2 percent, the MPOB data showed.