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

The MPOB monthly supply and demand figures for April showed exports continued to improve in a month over month comparison. Total palm oil exports grew by 1.4% to 1.28 million metric tons, as cyclical export demand kicks into gear. This trend often continues through October. April exports not only exceeded March activity, but were 9.4% more than what was seen in April of 2016, and at their…