According to data from shipping survey agencies, Malaysia's palm oil exports increased by 12.3% to 16.2% month on month from October 1st to 15th. This helps alleviate market concerns about demand.

Malaysia's palm oil exports increased by 12.3% to 16.2% month on month, indicating strong international demand and significantly alleviating market concerns about weak demand, driving up spot prices.

The customs notice released on the website of the Malaysian Palm Oil Board (MPOB) stated that Malaysia has set the export tax on crude palm oil for November at 10%, the same as in October.

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