Malaysian Palm Oil Exports Continue to suffer

Despite increased demand out of China and India, export activity continues to suffer. Data provided by Intertek Testing shows that palm oil exports are down 7.6% month over month.  Crude palm oil (CPO) exports are the major drag on export activity so far during December. CPO shipments are off by 41% or 45,200 metric tons.  Demand for RBD palm oil and stearin are up 50% and 41% respectively; 26,943 MT more than…