India Infoline (31/01/2018) - As per the latest update from Indonesian palm oil association, shipments of crude palm oil (CPO) from Indonesia to overseas rose significantly last year as demand from foreign nations edged up.

Secretary general of the association Togar Sitanggang said the countrys CPO export grew 21 percent to 32.184 million ton last year. Indonesias CPO production grew 18 percent to 41.98 million tons last year.

Secretary general of the association Togar Sitanggang said the countrys CPO export grew 21 percent to 32.184 million ton last year.The hike of demand comes from China, the United States, India, Africa, the European Union, Pakistan and Bangladesh.

https://www.indiainfoline.com/article/capital-market-commodity-futures-pre-session-commentary/commodities-buzz-indonesia-palm-oil-production-increases-over-21-percent-on-strong-overseas-demand-118013100532_1.html