10 September 2012

Malaysia Sept. 1-10 Palm Oil Exports 453,302 Tons, up 27% -Intertek | Palm Oil HQ

Malaysia Sept. 1-10 Palm Oil Exports 453,302 Tons, up 27% -Intertek | Palm Oil HQ

KUALA LUMPUR–Malaysia palm oil exports in the Sep. 1-10 period rose 27% from a month earlier to 453,302 metric tons, cargo surveyor Intertek Agri Services said Monday.

Intertek had pegged Aug. 1-10 shipments at 357,372 tons. Another surveyor, SGS (Malaysia) Bhd., is scheduled to report Sept. 1-10 export data later in the day.

The following are the major items in the Intertek estimate:
(All figures in metric tons)
                                  
                    Sep. 1-10      Aug. 1-10
RBD Palm Olein        162,430       133,170
RBD Palm Oil           19,350        41,805
RBD Palm Stearin       31,085        40,470
Crude Palm Oil        156,610        76,625
   Total*             453,302       357,372 

   Major importers of Malaysian palm oil: 

China                 131,950        60,950
European Union         67,380        31,901
India & Subcontinent  120,330       110,725
Middle East            28,860         8,150 

*Palm oil product volumes don't add up to total as some products aren't included. 

Write to Shie-Lynn Lim at shie-lynn.lim@dowjones.com
(END) Dow Jones Newswires
September 09, 2012 23:11 ET (03:11 GMT)
Copyright (c) 2012 Dow Jones & Company, Inc.

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