Thursday, June 10, 2010

20100610 1548 Palm Oil News.

SGS : Export up 15.6 % @ 423,199 tonnes for the period 1~10 Jun 2010

Malaysia May palm stocks at 8-mth low, prices to rise
KUALA LUMPUR, June 10 (Reuters) - Malaysia's palm oil stocks dropped to an eighth-month low in May as foreign and local demand outpaced a recovery in production, data from an industry regulator showed on Thursday. The Malaysian Palm Oil Board said stocks in the world's No.2 palm oil producer fell 3.71 percent to 1.56 million tonnes, lower than market expectations for a 0.6 percent drop.

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