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

The MPOB monthly supply and demand figures for August show that palm exports could not sustain July’s pace and fell 8%, wiping out the 6% gain seen during July. Exports were down 97,068 MT to 1,099,583, their lowest monthly level since February of 2016. Cyclically, palm exports slow in November and begin to gain traction in the Northern hemisphere’s spring/summer. 2018 exports started…