Thursday, April 8, 2010

Breaking News-RTRS-MALAYSIA'S END-MARCH PALM OIL STOCKS SEEN DOWN 7.6 PCT AT 1.65 MLN TONNES VS FEB - REUTERS POLL

KUALA LUMPUR, April 8 (Reuters) - Malaysia's March palm oil
stocks dropped 7.6 percent to six-month lows as higher overseas
demand along with local consumption outweighed a recovery in
production, a Reuters poll showed on Thursday.
Inventories in the world's No. 2 palm oil producer fell for a
third month to 1.65 million tonnes but the pace of the decline
was muted on higher imports from top producer Indonesia, a
Reuters poll of five plantation houses showed.