KUALA LUMPUR (April 10): Shares of several plantation counters fell in early trades today, weighed down by lower crude palm oil (CPO) price and possible higher production. Remisier Loo Boon Hoe said plantation counters were mainly weighed down by lower CPO price. Palm oil fell ahead of Monday's official data on production, exports and stocks from the Malaysian Palm Oil Board. Palm oil prices have slipped in recent weeks on expectations of rising output and tracking other edible oils lower. March inventory levels likely rose for the first time in three months to 1.46 million tonnes, according to the poll's median forecast.

Source: The Edge Markets April 10, 2017 05:26 UTC