Domestic 24-degree palm oil spot prices generally fell in line with the futures market, with basis across regions in deep inversion and little weekly change. August output in producing areas rose, exports fell, and inventories surged, revealing supply pressure. Domestic purchases of cargoes increased, subsequent arrival pressure continues, and commercial inventories keep accumulating. The deep inversion between soybean oil and palm oil has suppressed end-user procurement and trade substitution, and market liquidity is relatively weak. Futures face strong resistance to rebounds and are likely to fluctuate weakly. Spot prices are dragged down by high inventories and arrival pressure, and basis remains weak. Key focus should be on Malaysian output, exports, and domestic arrival data.