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

The MPOB monthly supply and demand figures for January showed palm exports continued to improve.  Total palm exports received a boost from the Malaysian government, as they suspended the export tax on crude palm oil (CPO) Jan 8^th, for a three-month period.  This suspension will halt if stocks fall to 1.6 million metric tons (MMT).  Cyclically, palm exports…