Palm | Kelapa Sawit

KUALA LUMPUR, Sept 2 (Reuters) - Malaysia's August palm oil stocks are expected to edge up 1.2 percent from a month ago as production could hit its highest level so far this year and outstrip export growth, a Reuters poll showed on Tuesday.

Palm oil output in Malaysia, the world's second largest producer, will probably rise 5.8 percent to 1.65 million tonnes in August, a median estimate of five plantation houses shows.

Exports of the vegetable oil climbed 3.4 percent to 1.45 million tonnes, failing to dent palm oil inventories, which probably rose 2 million tonnes in August from 1.98 million tonnes in July.