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

The MPOB monthly supply and demand figures for May showed palm exports trended lower aided in part by the resumption of export tariffs on CPO, which had been suspended through April 30^th.  Cyclically, palm exports slow in November and generally begin to gain traction in March/April. During May, palm exports fell 15.7% to 1.291 million metric tons. This is down 239,538 MT…