Thursday, January 5, 2012

RTRS-MALAYSIA'S DECEMBER PALM OIL STOCKS SEEN DOWN 5.7 PCT TO 1.95 MLN TONNES FROM NOVEMBER - REUTERS SURVEY

KUALA LUMPUR, Jan 4 (Reuters) - Malaysia's palm oil stocks likely fell to a five-month low in December as a fall in production outpaced a drop in exports, a Reuters survey of seven plantation firms showed on Wednesday.

Stocks in the world's No.2 producer of the tropical oil probably dropped 5.7 percent to 1.95 million tonnes from 2.01 million tonnes in November as heavy rains disrupted harvests in parts of Malaysia.