Malaysia’s May palm oil exports surge 44.7 pct -ITS

KUALA LUMPUR, June 1, 2015 – Exports of Malaysian palm oil products for May rose 44.7 percent to 1,553,281 tonnes from 1,073,482 tonnes shipped during April, cargo surveyor Intertek Testing Services said on Monday.

Here is the breakdown of the ITS palm export figures for May compared with a month ago (in tonnes):

PALM PRODUCTS:

                                        May              April

   Crude palm oil                   534,043             58,500

   RBD palm oil                      76,863             87,900

   RBD palm olein                   611,582            565,468

   RBD palm stearin                 108,258            101,330

   Crude palm kernel oil             17,754             20,100

   Palm fatty acid distillate        38,500             51,372

TOP PALM MARKETS

                                        May              April

   European Union                   350,964            168,882

   China                            365,899            266,510

   India & subcontinent             415,238            147,990

(Only selected palm products and destinations are displayed here; they may not add up to total exports)

TOTAL PALM EXPORTS, BY MONTH

Month                  Total          Net Change    m/m %
May                  1,553,281         +479,799      +44.7
April                1,073,482         -83,465       -7.2
March                1,156,947         +203,894      +21.4
February               953,053         -161,589      -14.5
January              1,114,642         -198,013      -15.1
December             1,312,655         -11,469       -0.9
November             1,324,124         -143,981      -9.8
October              1,468,105         -29,723       -2.0
September            1,497,828         +209,711      +16.3
August               1,288,117         -65,399       -4.8
July                 1,353,516         -38,426       -2.8
June                 1,391,942         +75,990       +5.8