Malaysia's palm oil exports up 14% in first 10 days of July

10 July 2014 12:27 Source:ICIS News

SINGAPORE (ICIS)--Malaysia exported 445,968 tonnes of palm oil products from 1-10 July, up by 14% from the same period in June 2014, according to cargo surveyor Intertek Testing Services (ITS) on Thursday.

The following are the major items:

Grade

July 1-10       

June 1-10       

May 1-10

Crude palm kernel oil

13,880

9,515

9,500

Crude palm oil

106,990

111,275

117,550

Palm fatty acid distillate

8,240

12,700

14,230

RBD Palm Olein       

164,780

110,410

93,895

RBD Palm Oil          

41,080

33,170

34,890

RBD Palm Stearin      

32,790

20,655

56,919

Import demand from China more than tripled compared to the same period in June.

Top destinations

July 1-10

June 1-10

May 1-10

China

111,480

36,350

47,621

EU

78,620

92,559

96,599

India & Subcontinent

89,600

65,050

95,100

Source ITS (units: tonnes)

By Alexis Gan