Malaysia may rise palm oil exports
Tuesday, 1 June 2010
KUALA LUMPUR, May 31 (Bloomberg) -- Malaysia's palm oil exports grew 13.1 per cent in May from a month earlier, led by purchases from India and the Americas, independent market surveyor Intertek said.
A total of 1,332,026 tonnes were tracked in May, versus 1,178,159 tonnes in April, Intertek said in an e-mailed statement from Kuala Lumpur.
Shipments to India and the subcontinent expanded 21 per cent to 211,080 tonnes this month, from 173,760 tonnes in April, the data show. Shipments to China rose to 327,300 tons, from 324,657 tonnes. India is the largest user of palm oil, while China is the largest consumer of all edible oils.
A total of 1,332,026 tonnes were tracked in May, versus 1,178,159 tonnes in April, Intertek said in an e-mailed statement from Kuala Lumpur.
Shipments to India and the subcontinent expanded 21 per cent to 211,080 tonnes this month, from 173,760 tonnes in April, the data show. Shipments to China rose to 327,300 tons, from 324,657 tonnes. India is the largest user of palm oil, while China is the largest consumer of all edible oils.