Cargo surveyors estimated that Malaysia’s palm oil product exports increased by 12.1% to 19.5% in July from the previous month. Also Read: Malaysian Palm Oil Futures Rise on Stronger Export Outlook Despite Lower Trading VolumeDespite the stronger export performance, supply growth is expected to outpace demand. Reuters’ survey estimated Malaysia’s palm oil production increased by 7.4% in July, pushing inventories to their highest level in five months. The most-active soybean oil contract on China’s Dalian Commodity Exchange slipped 0.11%, while Dalian palm oil futures fell 0.88%. In the United States, soybean oil futures on the Chicago Board of Trade (CBOT) eased 0.21%, reinforcing weaker sentiment across the global edible oils complex.