lower yesterday on reports of higher production which would increase
the level of stocks.
According to a news report, production will
continue to rise in July and beyond, due to good weather in the main
planting areas. The report also said that exports may slow down as
demand requirements for the fasting month have been met.
The July 2011 contract fell RM20 to RM3,055 per tonne, August 2011
decreased by RM11 to RM3,050 per tonne and September 2011 dropped RM10
to RM3,040 per tonne while October 2011 fell RM8 to RM3,039 per tonne.