28/09/2011 (Bloomberg) - Malaysian palm oil stocks, led by Kuala Lumpur Kepong Bhd., fell in Kuala Lumpur trading after a Bloomberg survey showed prices of the edible oil may drop for the first time in three years.

KL Kepong fell 1.7 percent to 20.34 ringgit at 9:06 a.m. local time, set for its lowest close since March 2. Sime Darby Bhd. (SIME) dropped 1.3 percent to 8 ringgit, Genting Plantations Bhd. declined 1.4 percent to 7 ringgit and IJM Plantations fell 1.2 percent to 2.47 ringgit.

Prices in Malaysia, the global benchmark, may decline to 2,800 ringgit per metric ton by December, according to the median forecast in a Bloomberg survey of 10 analysts and importers at the Globoil India conference in Mumbai on Sept. 24 and Sept. 25.