Mumbai, 16 Sep (Commoditiescontrol): Malaysian palm oil exports have shown a significant increase in the first half of September, according to the latest data from cargo surveyor Intertek Testing Services. From September 1-15, the exports stood at 695,136 metric tons, a rise of 9.1% from the 637,466 metric tons shipped during the initial half of August.
A detailed breakdown reveals notable shifts in export dynamics to key global markets:
European Union saw an increase from 136,094 metric tons in August to 140,416 metric tons in September.
China registered a rise from 57,000 metric tons to 67,890 metric tons.
India and its subcontinent experienced a significant jump, with exports surging from 85,932 metric tons in August to 149,220 metric tons in September indicating robust buying ahead of expectation of increase in import duty in India
(By Commoditiescontrol Bureau; +91-9820130172)
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