Malaysian palm oil exports continue to slump

Palm oil exports typically begin to trend to bottom out in February and begin to trend higher in March.  So far, at least for Malaysia, palm oil exports are continuing to suffer.  At 491,727 metric tons palm oil exports are down 3.4% from the same period in February, according to data supplied by cargo surveyor Intertek Testing Services.

Despite the continued 0% export tax on crude palm oil (CPO)…