About 1.26 million tons of palm oil and its fractions were sold from Malaysia to foreign markets from December 1 to December 25 this year. Compared to the same period last month, export indicators slightly decreased – from 1.27 million tons. It is reported by Nasdaq with reference to data from Intertek Testing Services experts.
The main buyer of the Malaysian “palm” in the reporting period was India, which increased the volume of purchases from 365.4 thousand tons (November 1-25) to 411.3 thousand tons. The countries of the European Union took the second position, which slightly reduced imports – from 323.3 thousand tons to 311.4 thousand tons. China gets the third position- 216 thousand tons in the period under review last month against 100.2 thousand tons from December 1 to 25.
At the same time, according to Intertek Testing Services, the bulk of the shipments of Malaysian products fell on palm olein and crude palm oil (crude palm oil, CPO) – 246.1 thousand tons (367.4 thousand tons – November 1-25) and 441 thousand tons (364.8 thousand tons), respectively.