SGS estimated exports at 1.05 million tons for the first 25 days of May.
The estimate is slightly lower than market expectations of a rise in shipments to 1.12 million-1.15 million tons.
Earlier in the day, another surveyor, Intertek Agri Services, put June 1-25 exports at 1.12 million tons.
The following are the major items in the SGS estimate: (All figures in tons) Product June 1-25 May 1-25 RBD Palm Olein 528,061 507,596 RBD Palm Oil 100,654 129,040 RBD Palm Stearin 104,424 79,921 Crude Palm Oil 207,446 134,500 Total* 1,113,923 1,049,692 Major importers of Malaysian palm oil: European Union 190,685 170,310 China 322,860 281,982 U.S. 79,231 143,148 India 103,455 46,150 Pakistan 99,420 79,700 *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. -By Shie-Lynn Lim, Dow Jones Newswires; +603 2026 1233; email@example.com