27 January 2014

Malaysia Jan 1-25 Palm Oil Exports 1.10 Mln Tons, Down 15% - SGS

By Shie-Lynn Lim

KUALA LUMPUR–Malaysia exported 1.10 million metric tons of palm oil during Jan. 1-25, a decline of 15% from the same period of the previous month, cargo surveyor SGS (Malaysia) Bhd., said Friday.

Another surveyor, Intertek Agri Services, said shipments during the period fell 14% also to 1.10 million tons.

Major items in the SGS estimate:
(All figures are in metric tons)
         

Jan 1-25
Dec 1-25
RBD Palm Olein
481,688
492,492
RBD Palm Oil
116,498
105,040
RBD Palm Stearin
114,705
90,867
Crude Palm Oil
213,367
415,815
Total*
1,104,890
1,293,765
                  
        Major importers of Malaysian palm oil:

European Union
91,107
224,877
China
252,250
325,582
U.S.
123,410
103,980
India
123,050
222,755
Pakistan
115,750
94,650
                     

* Product volumes don't add to total as some products aren't included.

SGS Malaysia is a division of Switzerland-based Societe Generale de Surveillance Group.

Write to Shie-Lynn Lim at shie-lynn.lim@dowjones.com

(END) Dow Jones Newswires

January 25, 2013 03:27 ET (08:27 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

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