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Indonesia's Palm oil exports rise 15.87% in July: Gapki
Commodity Online | September 18 2019
UPDATED 17:12:21 IST

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Indonesia's palm oil exports hit 2.92 million tonnes in July, 15.87% higher than the previous month as China jacked up demand during the month, according to the latest Indonesian Palm Oil Producers Association (Gapki) data.

Production rose 8.5 percent month-on-month to 4.31 million tonnes in July this year and up 0.7 percent year-on-year.

Domestic consumption reached 1.43 million tonnes in July, marginally higher by 0.3 percent month-on-month and higher by 42.2% compared to the same month last year.

Palm oil stocks at the end of July recorded at 3.51 million tonnes, down from 3.55 million tonnes in June 2019.

 

Commodity Arrivals Rate
Mustard Oil 40 8600.00
Coconut Oil 0.1 14700.00
Arecanut 13 24500.00
Sugar 386 3342.00

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