date:Aug 12, 2014
high production cycle which started in March is continuing after a setback in June, said a trader with a local commodities firm in Kuala Lumpur. Production in July was initially expected to be capped due to a Muslim festival which slowed down harvesting as plantation workers went on holiday.
High stocks with projections of further rise in supplies, along with poor demand, is to apply pressure (on prices) along with the bearish technicals. The benchmark October contract on the Bursa Malaysia D