Malaysia boosts palm oil exports in March
Malaysia shipped about 1 million tons of palm oil to foreign markets between March 1 and March 25, according to data from Amspec Agri. According to experts, this result is 11% higher than the level in the same period last month.
“The increase in shipments is due to active demand for Malaysian palm oil from countries in Africa, the Middle East and India,” experts explained.
In addition, the increase in shipments is associated with a decline in palm oil prices during the third week of March, as market operators expect Malaysian exports to remain stable amid domestic restrictions in Indonesia, which could affect sales from the region.
Read also
Ukraine 2026–2030: Global Drivers and Local Transformation
US corn planting seen down, soybean acres up as Iran war drives up costs
Following crude oil: Agriculture may be the next victim of the global shock
Tunisia’s olive oil exports rise in volume but revenues fall on lower prices
China launches investigation into US trade practices
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon