Malaysia July Palm Stocks Down 3.1pc

Malaysia’s July palm oil stocks fell 3.1 per cent to 1,405,740 tonnes from a revised 1,451,153 tonnes in June, industry regulator Malaysian Palm Oil Board said today.

July’s decline missed market expectations that stocks in the world’s second biggest palm oil producer likely fell 4.1 per cent to a one year low of 1.39 million tonnes. – Reuters Source: Business Times



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