News from DJ market talk:
0841 GMT [Dow Jones] BMD CPO futures falls on bearish supply-side
fundamentals and tracking crude, says a trading executive in Kuala Lumpur; he
adds Malaysia's end-June stocks may hit 2.38 million tons, up 24% on month in
MPOB data due to be issued Monday. He expects BMD CPO prices to slip further in
afternoon session, pegging support at MYR3,000/ton on still-strong export
demand. The benchmark September contract is trading MYR21 lower at 3,030/ton, at
the low end of the day's range so far of MYR3,023-MYR3,056/ton. Nymex August
crude is down 11 cents at $94.83/bbl on Globex. (surabhi.choudhary@dowjones.com)