According to Reuters, the benchmark October 2026 crude palm oil (CPO) contract on Bursa Malaysia Derivatives fell RM8 per metric ton, or about 0.17%, to RM4,678 per ton. Also Read: Malaysian Palm Oil Futures Slip on August 6 as Weaker Crude Oil and Soybean Prices Weigh on MarketDownward pressure emerged after a Reuters survey projected Malaysian palm oil inventories in July to rise to their highest level in five months. Market participants are now awaiting official Malaysian palm oil production, inventory and demand data from the Malaysian Palm Oil Board (MPOB), scheduled for release on Aug. 10. The decline in the KPBN CPO bid came amid weaker global palm oil prices, although domestic trading mechanisms and price-forming factors differ from those on Bursa Malaysia. The most-active soybean oil contract on the Dalian Commodity Exchange rose 0.27%, while the palm oil contract on the same exchange fell 0.3%.