Malaysian palm oil exports continue to decline

According to cargo surveyor Intertek Testing, Malaysian palm oil exports between December and January fell 15% and between January and February, export activity dropped another 14.5%. February is usually the low point in the year for export activity, but at Intertek’s estimate of only 953,053 MT’s, the total is extremely low.  It is 23% less than what was seen a year ago and if the numbers hold close to…