ITS data shows that Malaysian palm oil exports from November 1st to 15th are estimated at 729,000 metric tons, a decrease of 15.5%.

ITS data indicates a significant weakening of international market demand. Reduced exports may lead to an accumulation of domestic inventory in Malaysia, increasing the risk of oversupply and thus putting downward pressure on spot prices. Although the market may be affected by seasonal factors in the short term, the significant drop in exports (over 15%) highlights the weak demand and is expected to have a significant bearish impact on palm oil spot prices.

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