Malaysian November Palm Oil Exports Close 5.3% Lower Month over Month

Malaysian palm oil exports of 1.332 million metric tons are 5.29% less than what was seen during October but 16% more than the 1.152 million MT shipped during November 2016. Cargo surveyors reported a reduction in export activity for the month, but there was an uptick in demand for refined products over the final 5 days, which helped stem the losses. 

Demand for crude palm oil fell…