Malaysian June palm exports recover on strong demand from India

According to cargo surveyor SGS, Malaysian palm oil exports for the month of June rose 9.4% as demand from India surged by 37.2% over the final 5 days of the month.  Shipments to India increased by 111,700 metric tons, to a total of 411,930 MT over the final 5 trading days of the month.

Crude palm oil (CPO) demand was the primary driver, increasing by 35% month-over-month. A vast majority of the CPO demand…