According to data from shipping investigation agencies ITS and AmSpec, Malaysia's palm oil exports increased by 2.5% to 3.4% month on month from October 1st to 20th.

Malaysia's palm oil exports increased by 2.5% to 3.4% month on month, indicating a strengthening demand side, which may lead to tight supply in the spot market and push up palm oil spot prices. The growth of export data usually reflects active international procurement and is a positive signal, but due to moderate and non extreme growth, it is expected to provide moderate support for spot prices.

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