Malaysia’s Jan 1-20 palm oil exports remain lackluster with declines to key destination markets: ITS

Malaysia’s palm oil exports totaled 653,338 tonnes during January 1-20, down by 188,071 tonnes or 22% from 841,409 tonnes during the same period a month earlier, due to lackluster demand from key destination markets amid higher palm prices against its nearest rivals, according to data from cargo surveyor Intertek Testing Services (ITS).