The benchmark BMD palm oil contract edged slightly lower. Data from three major institutions show that Malaysia's June 120 export figures increased on a month-on-month basis. Yesterday, one new August-shipping palm oil purchase vessel was added, with a small number of near-month buy vessels and washouts. Overall, CNF backwardation remains sustained. Domestic spot basis quotes are fluctuating, while downstream buyers mostly maintain hand-to-mouth purchases based on immediate needs.