Malaysian Palm Oil Exports up 20% through March 20th 

Export data from cargo surveyor Intertek Testing shows that palm oil shipments for export are up 19.8% and have rebounded from the slight decline seen at mid-month. Malaysia’s decision to increase the export tariff on crude palm oil (CPO) shipments beginning April 1^st may have led to some advance buying heading into the end of the month. CPO shipments increased by 96,360 metric tons in the past…