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

The MPOB demand figures for December allowed the year to close out on a low note.  Total palm oil exports fell 7.5% in December. 1.27 million metric tons of palm oil products were exported for the month, which was the lowest December total in more than 5 years and 14.6% less than what was exported during December of 2015. Crude palm oil output also moved lower, dropping 6.43% to 1.47…