Malaysian Palm Oil Exports up 16% for full month May versus April

Malaysian palm oil exports closed out May at 1,306,374 metric tons, 16% more than was shipped in April.  Increased demand heading into the Muslim Holiday of Ramadan played a role in rising sales.  Ramadan’s month long celebration got underway starting last Saturday.  Strong demand from the world’s largest palm oil consumer, India, helped pave the way to this month’s export…