Breaking News-DJN--Malaysia's palm oil inventories may fall to anywhere between 1.6 million and 1.7 million metric tons during the next few months

KUALA LUMPUR (Dow Jones)--Malaysia's palm oil inventories may fall to anywhere
between 1.6 million and 1.7 million metric tons during the next few months due
to heavy rains which are slowing down output, Minster For Plantation Industries
and Commodities Peter Chin said Tuesday.
"Demand ahead of the summer months is strong, but production has slowed down,
and February is a shorter month, which can bring down the stock levels," Chin
said on the sidelines of a conference on palm oil.
Malaysia's palm oil stocks at the end of December are estimated at 1.99
million tons.