MARKET DEVELOPMENT
Indonesia’s palm exports at 2.23 mln t in May
Indonesia’s palm exports at 2.23 mln t in May
22/07/2023 (Hellenic Shipping News) - Indonesia’s palm oil exports, including refined products, stood at 2.23 million tonnes in May, compared with just 763,000 tonnes in the same month last year, data from the Indonesian Palm Oil Association showed on Friday.
Indonesia banned exports of some palm oil products for three weeks in May 2022.
Crude palm and palm kernel oil production reached 5.08 million tonnes in May 2023, while inventory stood at 4.67 million tonnes by the end of the month.
Source: Reuters
https://www.hellenicshippingnews.com/indonesias-palm-exports-at-2-23-mln-t-in-may/