Malaysia’s palm output soars, exports rise

Malaysian palm oil production not only moved higher for the first time in 7 months, but also jumped 33% in March after stumbling in Jan and Feb due to monsoon flooding. Output hit 1,494,837 metric tons and although it was up significantly from February’s production, it was almost identical to the 1,497,145 MT seen in March of 2014. 

March output exceeded analyst expectations, which were looking for a more modest…