According to freight survey agencies, Malaysia’s palm oil shipments fell over 34% month-on-month during April 1-15, with prices holding below 4,500 ringgit per ton near five-week lows amid weak export sentiment.
Malaysia’s palm oil inventories declined for a third consecutive month to a seven-month low in March, while India—the largest consumer—is expected to increase purchases following a 19% import decline in March, potentially easing downward pressure on prices.
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