PETALING JAYA: CIMB Research is estimating that palm oil inventories that is set to be announced on July 10 could post a 3% month-on-month (m-o-m) decline to 2.17 million tonnes at end-June.
CIMB Research’s assumptions are based on 6-month average domestic consumption of 252,000 tonnes and flattish m-o-m imports for June 2015.
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