Malaysian Feb 1-20 Palm Oil Exports up 9% Month over Month

Malaysian palm oil exports of 791,992 metric tons are 8.80% more than what was seen over the first 20 days of January and 8% more than the 733,288 MT shipped over the same period in February 2017. Export activity has been climbing during a time when it is usually on the decline.  Malaysia has suspended its export tariff on CPO in an effort to reduce domestic inventories, which were on pace to hit…