Malaysia’s end-July palm oil end-stocks fell 7.3% from June to 1.5 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on 3 August. Crude palm oil production declined 5.17% from June to 1.52 million tonnes, while palm oil exports fell 0.75% to 1.41 million tonnes, the MPOB said. A Reuters survey forecast inventories to rise 1.6% to 1.64 million tonnes. Production was seen shrinking 4% to 1.54 million tonnes. Exports were pegged to fall 4.2% to 1.36 million tonnes..

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