Tuesday, July 20, 2010

DJ Malaysia July 1-20 Palm Oil Exports 870,604 Tons -SGS

KUALA LUMPUR (Dow Jones)--Malaysia's palm oil exports during the July 1-20 period fell 4.8% compared with the same period last month to 870,604 metric tons, cargo surveyor SGS (Malaysia) Bhd. said Tuesday.

It estimated exports at 914,649 tons for the same period in June.

Intertek Agri Services, another surveyor, estimated July 1-20 exports at 879,018 tons earlier in the day.

The following are the major items in the SGS estimate:

(All figures in tons)

Product              July 1-20        June 1-20 
RBD Palm Olein         384,134          448,157 
RBD Palm Oil            97,371           81,824 
RBD Palm Stearin        75,987           84,994 
Crude Palm Oil         141,255          167,846 
Total*                 870,604          914,849 
Major importers of Malaysian palm oil: 
European Union          112,311        158,620 
China                   121,636        310,740 
U.S.                    126,279         46,572 
India                    58,800         63,655 
Pakistan                174,416         69,420 
*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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