News

Thai Palm Oil Exports Seen Rising by Oil World as Output Expands

  • Thai Trade Center Los Angeles
  • www.bloomberg.com
  • July 12, 2013

Thailand, the world’s third-largest palm oil producer, may boost exports to a record this year as output increases, Oil World said.

Thailand may export as much as 450,000 metric tons of palm oil, up from 304,000 tons a year earlier, the Hamburg-based researcher said today in an e-mailed report. Shipments totaled 227,000 tons from January through May, up 24 percent from the same time in 2012. While production may “slightly exceed” 1.7 million tons, some analysts’ estimates are as high as 2 million tons, Oil World said. Production five years ago was 1.3 million tons.

Go here to see the original:
Thai Palm Oil Exports Seen Rising by Oil World as Output Expands




Leave a Reply