Monday, May 31, 2010

DJ Malaysia May Palm Oil Exports 1.32 Mln Tons, +8.6% -SGS

KUALA LUMPUR (Dow Jones)--Malaysia's palm oil exports in May rose 8.6% from April to 1.32 million metric tons, cargo surveyor SGS (Malaysia) Bhd. said Monday.

SGS estimated exports at 1.22 million tons in April. An estimate by another surveyor, Intertek Agri Services, put May exports at 1.33 million tons, up 13% on month.

The following are the major items in the SGS estimate:

(All figures in metric tons)

May        April 
   RBD Palm Olein     597,936      551,307 
   RBD Palm Oil       160,830      123,305 
   RBD Palm Stearin   125,061      127,279 
   Crude Palm Oil     191,500      217,580 
   Total*           1,323,465    1,219,041 
   Major importers of Malaysian palm oil: 
   European Union     234,350     299,118 
   China              339,532     316,550 
   U.S.               193,411      62,870 
   India               78,150      48,500 
   Pakistan           107,600     153,450
*Palm oil product volumes don't add up to total as some products aren't
 SGS Malaysia is a division of the Switzerland-based Societe Generale de
Surveillance Group. 
 -By Shie-Lynn Lim, Dow Jones Newswires; +603 2026 1233; 

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