Destinations of Coconut Oil Export in October

Export of coconut oil during the month at 58,911 MT grossed USD58.742 million.  This consisted of 40,305 MT crude coconut oil, 4,989 MT cochin (refined, bleached) oil, and 13,617 MT RBD (refined, bleached, deodorized) oil.  Malaysia was top importer during the month cornering more than one-third (35.2%) at 20,712 MT, dislodging consistent leader Europe with uptake at 16,557 MT (28.1%).  Other destinations were South Korea at 4,012 MT, Sri Lanka 3,813 MT, Japan 3,803 MT, the US 2,672, Turkey 2,500 MT, China 2,361 MT, Indonesia 1,500 MT, and 11 other countries with orders ranging 19-238 MT.
Malaysia took the lead in crude coconut oil with purchases of 20,007 MT, trailed by Europe with 16,001 MT (Netherlands 8,001, Italy 8,000), Sri Lanka 2,797, Indonesia 1,500 MT.  Japan and the US were the only cochin oil buyers during the month with the former taking bulk of lifting at 3,780 MT and the US 1,209 MT.
RBD coconut oil export counted 19 destinations led by South Korea which took in 4,012 MT, trailed by Turkey at 2,500 MT, China 2,361 MT, the US at 1,463 MT, Sri Lanka 1,016 MT, Malaysia 705 MT, Europe 555 MT (Netherlands 510, Belgium 23.9, Bulgaria 10.2, Czech Republic 5.8, Germany 5.8), Singapore 238 MT, Pakistan 201 MT, Taiwan 173 MT, Canada 105 MT, Argentina 80 MT, Bangladesh 69 MT, Vietnam 34 MT, Ecuador 26 MT, Japan 23 MT, Australia 19 MT, Brazil 19 MT, South Africa 19 MT.