Thursday, August 5, 2010

Breaking News-RTRS-POLL-Malaysia's July palm stocks seen at one-year lows

KUALA LUMPUR, Aug 5 (Reuters) - Malaysia's palm oil stocks in
July is likely to hit a one-year low as combined domestic and
overseas demand outweighed a weak recovery in production, a
Reuters poll showed on Thursday.
Inventories in the world's No. 2 palm oil producer dropped
4.2 percent to its lowest point since July last year at 1.39
million tonnes, the median poll on five plantation houses
reported.