Vegetable Fats & Oils

Vegetable Fats & Oils

 

Malaysian palm oil exports down 3% at 477,295 metric tons 

Exports of palm oil products have slowed and are currently 3% lower than the pace seen through the first 15 days of March. The crude palm oil (CPO) export tariff was reinstated for April after being scrapped from December through March. When prices fall below 2,250 ringgits per ton the tariff can be waived. Pricing had climbed back above that mark and Malaysia boosted the tax to 4.5% for April. However,…

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