date:Jul 03, 2013
Board (MPOB) on June'sstockpiles and production levels. Analysts and traders expectend-stocks to ease further from the current 1.82 million tonnes.
Investors are waiting for the MPOB data. Stocks in Junecould draw down about 100,000 tonnes to 1.68-1.72 milliontonnes, said a Kuala Lumpur-based trader with a foreigncommodities brokerage.
But concerns remained that robust exports might not hold forlong. Demand could dwindle on volatile economic conditions inthe world's top two consumers, China an