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Malaysia Mar 1-25 palm oil exports 630,299 T -SGS

KUALA LUMPUR: Malaysian palm oil exports for March 1-25 were at 630,299 tonnes compared with 572,388 tonnes in the first 25 days of February, cargo surveyor Societe Generale de Surveillance Malaysia Sdn Bhd (SGS) said on Monday.

SGS said it estimated the exports from the shipments of 175,088 tonnes of RBD palm oil, 285,041 tonnes of RBD palm olein and 33,204 tonnes of RBD palm stearin which it tracked during the period.

Other palm oil products accounted for 136,966 tonnes to make up the balance of the export figure, it said.

India was the biggest buyer of Malaysian palm oil during the period, taking 145,115 tonnes, followed by China which bought 96,766 tonnes.

European Union countries bought 101,584 tonnes.-Reuters