DJ Malaysia Aug. 1-20 Palm Oil Exports 1.17 Mln Tons, +14% -SGS 22.08.2011
KUALA LUMPUR (Dow Jones)--Malaysia's palm oil exports during the Aug. 1-20 period rose 14% from a month earlier, to 1.17 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said Monday.
The figure is directly in line with market expectations.
Another surveyor, Intertek Agri Services, also estimated Aug. 1-20 exports at 1.17 million tons Saturday.
The following are the major items in the SGS estimate:
(All figures in metric tons)
Aug. 1-20 Jul. 1-20 RBD Palm Olein 483,963 544,872 RBD Palm Oil 79,120 79,132 RBD Palm Stearin 127,892 80,619 Crude Palm Oil 313,329 188,750 Total* 1,171,327 1,028,352 Major importers of Malaysian palm oil: European Union 218,464 122,506 China 299,413 347,654 U.S. 71,639 40,240 India 131,740 102,689 Pakistan 132,250 97,630 *Palm oil product volumes don't add up to total as some products aren't included.
SGS Malaysia is a division of the Switzerland-based Societe Generale de Surveillance Group