Malaysia's palm oil inventories at the end of July rose 0.68% from the month before to 1.73 million metric tons, lower than forecast, data from the nation's palm oil board showed on Thursday.
Crude palm oil output jumped 11.21% to 1.61 million tons, according to the Malaysian Palm Oil Board.
Exports rose 15.55% to 1.35 million tons.
A Reuters survey pegged inventories at 1.79 million tons, rising by 4.2% higher from a month earlier. Production was forecast at 1.58 million tons, while exports were seen at 1.27 million tons. (Reporting by Mei Mei Chu)
By: via Malaysian Palm Oil Council Russia
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