The latest export estimates released by shipping investigation agencies ITS and AmSpec Agri Malaysia show that Malaysia's palm oil product exports from February 1-20 decreased by 8.9% to 12.6% month on month.

From February 1st to 20th, Malaysia's palm oil product exports decreased by 8.9% to 12.6% month on month, indicating significant weakness in international demand. The decrease in exports may lead to inventory accumulation, increase supply pressure, and thus have a negative impact on the spot price of palm oil. This data reflects the weakening of market fundamentals, and it is expected that spot prices may face downward pressure in the short term.

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