Shipping survey agencies estimate that Malaysia's palm oil exports decreased by 9.5% to 12.3% month on month in early November.
According to shipping agency data, Malaysia's palm oil exports decreased by 9.5% to 12.3% month on month in early November, indicating weak international demand, which may lead to increased global supply surplus pressure and pose a downward risk to spot prices. The reduction is significant but not extreme, indicating a moderate negative impact. The contraction of exports directly reflects the weakening of consumption, which may drive down spot prices in the short term.
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