Malaysia: Oilseeds and Products Annual
Post forecasts Malaysian palm oil production in marketing year (MY) 2022/23 at 18.85 million metric tons (MT), up 702,000 MT from the previous year as the labor situation continues to improve. A limited supply of edible oil globally has created a strong trade outlook for Malaysian palm oil exports in MY 2022/23 at 16.45 million MT, a substantial growth over the previous year's estimate. Overall consumption is on an upward trend coming out of the pandemic.
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