Malaysia slightly reduced palm oil exports in December

Published 2022년 12월 27일

Tridge summary

Between December 1 and 25, Malaysia exported approximately 1.26 million tons of palm oil and its fractions to international markets, a slight decrease from the previous month's exports of 1.27 million tons. India emerged as the leading buyer, increasing its purchases to 411.3 thousand tons from 365.4 thousand tons, followed by the European Union, which reduced its imports to 311.4 thousand tons from 323.3 thousand tons. China rounded out the top three, with imports totaling 216 thousand tons, down from 100.2 thousand tons. The majority of the exports consisted of palm olein and crude palm oil.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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 tree" 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 second position was occupied by the countries of the European Union, which slightly reduced imports - from 323.3 thousand tons to 311.4 thousand tons. China closes the top three - 216 thousand tons in the period under review last month against 100.2 thousand tons from December 1 to 25. At the ...

Source: Oilbranch