UPDATE 1-Malaysia end-December palm oil stocks fall 6.91%, MPOB says

(Releads, adds table) KUALA LUMPUR, Jan 10 (Reuters) - Malaysia's palm oil stocks declined for a third consecutive month, falling 6.91% to 1.71 million metric tons at the end of December, data from the industry regulator showed on Friday. Crude palm oil production was down 8.3% in December from November to 1.49 million tons, while palm oil exports plunged 9.97% to 1.34 million tons, the Malaysian Palm Oil Board said. A Reuters survey had forecast inventories at 1.76 million tons, with output seen at 1.48 million tons and exports at 1.38 million tons. PALM/POLL Following is a breakdown of the Malaysian Palm Oil Board figures and Reuters estimates for December (volumes in tons) PALM/POLL : December December 2024 November December 2024 poll 2024 2023 Output 1,486,786 1,483,000 1,621,294 1,550,796 Stocks 1,708,747 1,755,000 1,835,641* 2,290,793 Exports 1,341,732 1,375,000 1,490,293* 1,362,145 Imports 37,917 22,500 22,081 40,062 *indicates revised figures by the Malaysian Palm Oil Board (Reporting by Ashley Tang; Editing by Martin Petty) (([email protected];))