KUALA LUMPUR, Aug 3 — Malaysian exports in June likely fell again due lower prices for liquefied natural gas
(LNG) and crude oil from a year earlier, though the rate of decline slowed markedly from May, a Reuters poll showed.
Exports likely fell 0.4 per cent from a year earlier, according to the median of forecasts from economists polled by Reuters, but individual estimates varied widely.
Crude palm oil (CPO) exports, however, were predicted to strengthen due to improving volumes and prices.
Imports were forecast to decline by 3.7 per cent in June on slower domestic demand. Malaysia's imports have declined since the government's implementation of a consumption based Goods and Services Tax (GST) in April.
The country's trade surplus in June was forecast to remain at RM5.5 billion from May. — Reuters
