According to data released by shipping survey agencies, Malaysia's palm oil exports decreased by 15.9% to 16.4% month on month in the first half of December.
According to data from shipping survey agencies, Malaysia's palm oil exports in the first half of December decreased by 15.9% to 16.4% month on month, indicating a significant weakening in demand, which may lead to oversupply and inventory accumulation in the spot market, putting downward pressure on palm oil spot prices. The decrease in exports reflects weak global demand, especially during the off-season of seasonal demand, further strengthening expectations of price declines.
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