Indonesia Palm Oil manufacturing up 14% in Jan-Aug

Indonesia Palm Oil manufacturing up 14% in Jan-Aug

by admin- Friday, October 18th, 2019 08:56:49 PM

Indonesia’s palm oil production reached 34.7 million tonnes inside the first eight months of 2019, rose 14% from the corresponding period last yr, in step with modern day statistics from Indonesian palm oil affiliation (GAPKI).

Production in August recorded at 4.7 million tonnes, rose eight.7% from 4.317 million tonnes inside the identical month closing 12 months.

The united states of america shipped 22.7 million tonnes of palm oil in the course of January-August 2019, up 3.8% 12 months-on-yr.

Palm Oil exports in August recorded at 2.89 million tonnes, down from 2.9 million tonnes a month in advance.

Indonesia’s palm oil stocks at the end of August mentioned at three.8 million tonnes, rose from three.Five million tonnes in July.

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