Malaysian Palm Oil Exports Decline: ITS

19-Mar-2025 10:50 AM

Malaysian Palm Oil Exports Decline: ITS  
★ Malaysia's palm oil exports fell to 381,790 tonnes during March 1-15, down from 422,425 tonnes during the same period in the previous month. This decline was due to weaker demand from key markets.  
★ Compared to the February 1-15 period, exports decreased by 10% (40,635 tonnes).  
★ Exports to India increased by 13% (7,570 tonnes) to 64,320 tonnes, up from 55,250 tonnes in February. The growth was mainly driven by crude palm oil (CPO) exports, which rose to 60,820 tonnes, compared to 55,250 tonnes in the previous month.  
★ Exports to Pakistan fell to zero, down from 21,000 tonnes last month. Similarly, exports to Sri Lanka also dropped to zero, compared to 3,000 tonnes in February.  
★ Exports to the Middle East declined by 58% to 23,400 tonnes, down from 56,000 tonnes in February.  
★ Exports to China fell by 64% (14,140 tonnes) to 7,900 tonnes.  
★ Exports to the European Union (EU) doubled, rising to 116,259 tonnes, compared to 63,144 tonnes in the previous month.  
★ Exports to the African continent dropped by 26%, with exports to South Africa plummeting by 87% (10,900 tonnes) to 12,500 tonnes, down from 23,400 tonnes last month.