Tuesday, June 8, 2010

Breaking News-RTRS-MALAYSIA'S END-MAY PALM OIL STOCKS SEEN DOWN 0.6 PCT AT 1.61 MLN TONNES VS APRIL -REUTERS POLL

KUALA LUMPUR, June 8 (Reuters) - Malaysia's May palm oil
stocks slipped 0.6 percent to eight-month lows as domestic and
foreign demand still outpaced a rise in output, a Reuters poll
showed on Tuesday.
Stocks in the world's No.2 palm oil producer fell for the
fifth straight month to hit 1.61 million tonnes with the decline
slowing on growing crude palm oil imports from rival Indonesia,
the poll of five plantation houses showed.