KUALA LUMPUR (Nikkei Markets) -- Malaysia's palm oil inventory shrank for the fourth straight month in June, falling to its lowest level in nearly a year as production fell.
However, potentially feeble demand in the months ahead post-Eid celebration and typically higher output in the second half of the year with a spike in October are likely to weigh on price of the commodity used in everything from snacks to cosmetics, analysts said.
