Palm Exports easing

Malaysian palm oil exports were running at a month over month increase of 6% on the 15th of June. Five days later, export activity as slipped to only a 0.4% increase. According to cargo surveyor Intertek Testing, total palm oil shipments were 1,074,410 metric tons on June 20th, a 0.39% increase from May. Crude palm oil (CPO) exports are down 13%, or 35,358 metric tons. Offsetting the decline in CPO exports is a 118% increase in RBD palm oil shipments.

Ma…