Malaysia Sept 1-20 palm oil exports up 7.7% month over month

According to cargo surveyor Intertek Testing, demand for palm oil exports remains strong heading towards the end of September. Crude palm oil exports are up 9% and palm stearin shipments are 11% higher. Overall, palm export demand from Malaysia is up by 8% month over month.

The market sees this as excellent news. The local currency, the ringgit, is falling, analysts believe production may be…