MARKET DEVELOPMENT
CPO Exports Seen to Rise 10% to $22 Billion in 2014
CPO Exports Seen to Rise 10% to $22 Billion in 2014
19/03/2014 (Jakarta Globe) - The Indonesian Palm Oil Association (GAPKI) predicts that 2014 exports of crude palm oil are set to reach $22 billion, up 10 percent from last year, due to a surge in demand and selling price, says Director Fadhil Hasan.
The association expects exports volume to be between 21 million metric tons and 22 million metric tons, nearly unchanged from last year’s 21.2 million tons.
The association expects exports volume to be between 21 million metric tons and 22 million metric tons, nearly unchanged from last year’s 21.2 million tons.