Malaysian palm oil exports up 4% July over June

Malaysian palm oil exports closed out July at 1,239,407 metric tons, 4% more than was shipped in June. While export activity did increase, it was still 66,967 metric tons less than what was shipped in May and 34,136 MT below what was exported during July of 2016. Strong demand out of China helped pave the way to this month’s export increase.  Shipments to China were up 45% to 174,116 MT month over month. Exports to…