Malaysia palm oil futures ended Thursday's trade lower, shedding more than 1 percent as sentiment tracked the softer performance of rival oils in Dalian and on the Chicago Board of Trade.
KUALA LUMPUR: Palm oil inventories in Malaysia probably rose in June as production in the world’s second-largest grower outpaced sluggish exports.
Stockpiles rose 1.9% from a month earlier to 1.59 million metric tonnes, according to the median estimate of eight planters, traders and analysts surveyed by Bloomberg.
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