Malaysia July 1-10 Palm Exports Up 45 Percent

Exports of Malaysian palm oil products for July 1-10 rose 44.8 per cent to 419,100 tonnes from 289,437 tonnes shipped between June 1 and 10, cargo surveyor Intertek Testing Services said today. Meanwhile, industry regulator Malaysian Palm Oil Board said today that Malaysian crude palm oil stocks in June rose 2.5 per cent to 1,405,500 tonnes from a revised 1,371,238 tonnes in May, The increase was below market expectations for a 4.6 per cent rise to 1.43 million tonnes forecast in a Reuters poll this week. — Reuters Source : Business Times

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