KUALA LUMPUR, Mar 30, 2008 (Dow Jones Commodities News Select via Comtex) — – Malaysia’s palm oil exports in March rose 15.5% on month to 1.26 million metric tons, cargo surveyor Intertek Agri Services said Monday.

The estimate is slightly higher than market expectations of exports between 1.15 million and 1.25 million tons.

China is estimated to be the largest Malaysian palm oil buyer by volume in March at 341,914 tons followed by the Netherlands at 142,447 tons and Pakistan at 126,105 tons.

Malaysia’s palm oil exports in February were estimated by Intertek at 1.09 million tons, for January and December they were estimated at 998,344 tons and 1.43 million tons, respectively.

Another surveyor, SGS (Malaysia) Bhd., is expected to release March export estimates later in the day.

-By Sameer Mohindru, Dow Jones Newswires; (603) 2692 5254; sameer.mohindru@dowjones.com

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