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Lower crude palm oil output in May, says CIMB Research


KUALA LUMPUR: CIMB Equities Research estimates that Malaysian palm oil inventory may have declined 4.7% month-on-month to 2.07 million tonnes as at end-May 2018.

It said on Tuesday that findings from a survey of 26 plantation areas by the CIMB Futures team reveal that Malaysian CPO output likely fell by 5.8% month-on-month to 1.47 million tonnes in May 2018. 

Analyst Reports , Plantations

   

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