Malaysia’s palm oil exports fell by 15% in early November

Malaysia’s palm oil exports fell 14.6 to 15.8% month-on-month from November 1 to 10, according to data released by shipping supervision agencies.

According to logistics companies whose reports were examined by China’s national commodity supervision system, Malaysia’s palm oil exports in early November were between 419,000 and 429,000 tons, down from 490,500 tons in the same period in October.

Earlier it became known that the stock of palm oil in Malaysia decreased for the first time in three months, the production of crude palm oil in October decreased by 1.35% compared to September, to 1.8 million tons.

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Tags: export, Malaysia, palm oil