Malaysia: Oilseeds and Products Update
Malaysian crude palm oil (CPO) production for the first half of calendar year (CY) 2019 was up roughly 10 percent compared to the same time the previous year to 9.8 million metric tons (MT). Post has revised CPO export estimates for MY 2018/19 to 18 million MT due to unexpectedly strong demand from India through the first three quarters of the year. CPO import estimates for MY 2018/19 have also been revised up to 1.15 million MT based on Malaysia Palm Oil Board data.
