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The production for the month fell 0.9 percent month-on-month to 1.81 million tonnes, while the export rose 6.43 percent to 1.49 million tonnes, according to the industry regulator.


The August palm oil stockpile is within analysts expectations. RHB Research Institute's regional plantation head Hoe Lee Leng told Xinhua that the only surprise for her was a slight dip of the palm oil production in August when compared with July.


However, she expected it to normalize in the next few months as September and October are normally the peak season for palm oil production.


Although crude palm oil (CPO) price rebounded recently [url=http://www.footballspainshop.com/nolito-spain-jersey/]Nolito Spain Jersey[/url] , she maintained her full year palm oil prices forecast at 2,600 ringgit (619 U.S. dollars) per tonne.


"The rebound might due to the soybean prices movement, and the weather issue in the U.S. and South America. But this should be a short-term phenomenon, we should see the price to normalize," she added.


According to MPOB [url=http://www.footballspainshop.com/nacho-fernandez-spain-jersey/]Nacho Fernandez Spain Jersey[/url] , CPO price stood at 2,757 ringgit per tonne as of Sept. 8. It had risen 6 percent when compared with Aug. 8.


Public Investment Bank's analyst Chong Hoe Leong also told Xinhua the stockpile is likely to hit the psychological level of 2 million tonnes in September, which will pressure the palm oil prices.


The stronger ringgit lately will also pressure the palm oil prices, said Chong who expected CPO price to end the year at 2,500 ringgit per tonne.


Hurricane Irma makes landfall in Florida Keys


China beats Japan 3-1 to claim title at 2017 FIVB World Grand Champions Cup


Xinhua weekly photos


Parade held during Shanghai Tourism Festival


China [url=http://www.footballspainshop.com/mikel-san-jose-spain-jersey/]Mikel San Jose Spain Jersey[/url] , Pakistan air forces hold joint training exercises


Pic story: Chinese grape and wine expert


Farmers busy with farm work around Bailu across China


Rural children take free lunch in SW China's Guizhou

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Meghan’s Christmas Prince! After weeks of speculation about Meghan Markle’s holiday plans, Kensington Palace confirmed that Prince Harry’s fiancée will officially be joining the royal family for Christmas festivities.


“You can expect to see the Duke and Duchess of Cambridge, Prince Harry, and Ms. Markle at Sandringham on Christmas Day,” a Kensington Palace spokesman said.


This is a break in tradition for the royal family [url=http://www.footballspainshop.com/mario-gaspar-spain-jersey/]Mario Gaspar Spain Jersey[/url] , who in the past have only extended Christmas invites after a couple is officially wed.


The Sandringham House is Queen Elizabeth's private estate in Norfolk, England, where the family tends to spend the holidays. Last year Queen Elizabeth and Prince Philip skipped their annual trip there as they were suffering from heavy colds.


Buckingham Palace released a statement on Wednesday saying “The Queen and members of the Royal Family will attend the Morning Service on Christmas Day at Sandringham Church.”


Markle will also be attending the service.


Prince Harry and Markle announced their engagement last month after more than a year of dating. The couple plans to tie the knot in May 2018. They will reside at Nottingham Cottage at Kensington Palace, where their neighbors will be Prince William, Kate Middleton [url=http://www.footballspainshop.com/marc-bartra-spain-jersey/]Marc Bartra Spain Jersey[/url] , Prince George, Princess Charlotte, and the future royal baby.(Agencies)

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