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Malaysia end-Aug palm oil stocks fall to 2.25 mln T -MPOB

KUALA LUMPUR, Sept 10 (Reuters) - Malaysia's palm oil stockpiles at the end of August declined 5.3% from the previous month to 2.25 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) said on Tuesday. Palm oil output in August in the world's second-largest palm producer gained 4.6% to 1.82 million tonnes from the previous month, and exports rose 16.4% from July to 1.73 million tonnes, according to the MPOB data. A Reuters survey had forecast palm oil stockpiles at the end of August to fall by 7.1% to 2.22 million tonnes. Production was seen gaining 1.8% to 1.77 million tonnes, and exports were seen up 14.5% to 1.70 million tonnes. The following is a breakdown of the Malaysian Palm Oil Board figures and Reuters estimates for August:

(volumes in tonnes)

Aug 2019 Aug 2019 poll July 2019 Aug 2018Output 1,821,548 1,770,000 1,740,759* 1,620,605Stocks 2,251,831 2,222,000 2,378,099* 2,504,924Exports 1,732,888 1,700,000 1,489,171* 1,099,896Imports 51,055 65,000 40,069* 80,191*indicates revised figures by the Malaysian Palm Oil Board

(Reporting by Emily Chow; Editing by Tom Hogue)