09/03/2022 (Reuters), Kuala Lumpur -  Indonesia's palm oil production is expected to rise to about 48 million tonnes this year from 46.9 million tonnes last year, the Indonesia Palm Oil Association (GAPKI) said on Wednesday.

Export demand is seen dropping 11.5% to 29.8 million tonnes while stocks are expected to rise to 7 million, Togar Sitanggang, deputy chairman of GAPKI, said at an industry conference.