Malaysian palm oil futures increased 5.69% year on year (y/y), trading at MYR4104 per ton on Wednesday (July 3), while concerns over weak exports grew, particularly after cargo surveyors’ data surveyor Intertek Testing Services and AmSpec Agri reported shipments of Malaysian palm oil products for June declined between 11.8% to 15.4% from the prior month, Tradingeconomics.com reported. To subscribe please click here
