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

The MPOB monthly supply and demand figures for July showed palm exports improved from June. Total palm oil exports increased 1.3% to 1.40 million metric tons, up 18,126 MT from June. Exports tend to follow a cyclical cycle that often improves through October. July exports were in line with exports during July of 2016 and are expected to move higher during August. Year to date, palm exports…