Malaysia Palm Oil Board’s (MPOB) March Palm Oil Supply and Demand Data

The MPOB monthly supply and demand figures for March showed palm exports improved, befitting from the Jan 8^th three-month suspension of export tariffs on CPO. This suspension was recently extended until April 30^thto help clear high stock levels. Cyclically, palm exports slow in November and begin to gain traction in March/April. During March, palm exports…