Malaysian palm oil futures drop 1.3% to MYR 4,900/tonne
Malaysian palm oil futures fell around 1.3% to MYR 4,900 per tonne, extending losses to a one-week low. Malaysian Palm Oil Board data showed inventories rose 7.48% month-on-month in August to 2.82 million tonnes, while exports fell 7.5% to 1.29 million tonnes.