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

The MPOB demand figures for January showed that export activity moved higher for the first time in five months.  Total palm oil exports rose only 1.5% to 1.28 million metric tons, but it was the best export production for the month of January in the past three years. Crude palm oil output fell hard, dropping 13.36% to 1.28 MMT during January. Output reached its lowest level in the…