Malaysian Palm Oil Exports Down 18% Mid-June

Malaysian palm oil exports of 508,960 metric tons are 17.6% less than what was seen over the first 15 days of May and are 10% less than the 566,212 MT shipped over the first 15 days of June 2016. With the exception of the lesser traded RBD palm stearin, refined product demand dipped sharply. RBD palm olein and palm oil exports fell 66,072 MT month over month, while RBD palm stearin demand increased by 13,765 MT. Demand for…