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Indonesia Palm Oil production up 14% in Jan-Aug
Commodity Online | October 18 2019
UPDATED 15:29:03 IST

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Indonesia's palm oil production reached 34.7 million tonnes in the first eight months of 2019, rose 14% from the corresponding period last year, according to latest data from Indonesian palm oil association (GAPKI).

Production in August recorded at 4.7 million tonnes, rose 8.7% from 4.317 million tonnes in the same month last year.

The country shipped 22.7 million tonnes of palm oil during January-August 2019, up 3.8% year-on-year.

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

Indonesia's palm oil stocks at the end of August reported at 3.8 million tonnes, rose from 3.5 million tonnes in July.

 

Commodity Arrivals Rate
Sugar 0.4 4000.00
Mustard Oil 1 9050.00
Coconut Oil 0.1 16900.00
Arecanut 0.91 22200.00

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