Malaysian Palm Oil Exports are down 15% Aug vs July

Malaysian palm oil exports of 679,539 metric tons are 14.7% less than what was seen over the first 20 days of July and 34% less than the 1.027 million MT shipped over the first 20 days during August 2016. This is not reassuring to a market that generally sees volumes trending higher during August.  Last year, 1.8 million metric tons was exported.  In 2015, 1.6 million was shipped.  Given the…