Malaysian Palm Oil Exports up 20% gain Month over Month

Malaysian palm oil exports continue to trend higher during May.  Strong demand and tighter supply are supporting price gains in palm oil.  April exports were up 1.4% from March and 9% stronger year over year, while April supply grew by 5.7%.  However, with export activity increasing at a double-digit level, supply is not expected to keep pace.  The market is cautiously optimistic that…