PALMOILMAGAZINE, Jakarta, Indonesia — Indonesia’s domestic crude palm oil (CPO) prices traded through PT Kharisma Pemasaran Bersama Nusantara (KPBN) edged higher on Monday (August 3), even as benchmark palm oil futures in Malaysia extended losses amid expectations of stronger production. Cargo surveyors estimated that Malaysia’s palm oil product exports increased between 12.1% and 19.5% in July compared with June. At the same time, Malaysian palm oil production is estimated to have climbed 7.4% in July, lifting 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%, reflecting continued bearish sentiment across international edible oil markets.