DJ Malaysia November 1-20 Palm Oil Exports 1.03 Million Tons -SGS 21.11.2011
KUALA LUMPUR (Dow Jones)--Malaysia's palm oil exports during the Nov. 1-20 period were unchanged from the same period in October at 1.03 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said Monday.
The figure is lower than market expectations of 1.10 million tons.
Another surveyor, Intertek Agri Services, estimated Nov. 1-20 exports at 1.04 million tons earlier in the day.
The following are the major items in the SGS estimate:
(All figures in metric tons)
Nov. 1-20 Oct. 1-20 RBD Palm Olein 444,176 346,163 RBD Palm Oil 93,745 79,224 RBD Palm Stearin 106,912 135,669 Crude Palm Oil 260,926 291,550 Total* 1,033,040 1,033,454 Major importers of Malaysian palm oil: European Union 141,580 253,972 China 276,274 223,989 U.S. 74,927 46,825 India 113,153 113,290 Pakistan 103,200 77,500 *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