MARKET DEVELOPMENT
Indonesia May Palm, Palm Kernel Oil Exports Rise 49 Pct y/y -Assoc
Indonesia May Palm, Palm Kernel Oil Exports Rise 49 Pct y/y -Assoc
18/07/2017 (Reuters) - Indonesia's palm and palm kernel oil exports rose 49 percent in May from the same month a year earlier, the Palm Oil Association (GAPKI) said in a statement on Monday.
Indonesia exported 2.62 million tonnes of palm and palm kernel oils in May, up from 1.76 million tonnes in May 2016. Shipments were up 2 percent compared with April.
Indonesia's palm oil stocks at the end of May were at 621,000 tonnes, the association said, down from 888,000 tonnes in April.
Following is a table of Indonesia's palm exports for 2017/2016:
Month Palm & M/M pct
kernel oils change
(mln tonnes)
2017
May 2.62 2
April 2.57 4
March 2.47 -2
February 2.53 -7
January 2.72 1.5
2016
December 2.68 -5.6
November 2.84 17.8
October 2.41 39
September 1.73 -16
August 2.07 29
July 1.6 -10
June 1.78 1
May 1.76 -16
April 2.09 20
March 1.74 -24
February 2.29 9
January 2.1 -16
2016 TOTAL 25.09
2015 TOTAL 26.41
2014 TOTAL 21.76
2013 TOTAL 21.21
2012 TOTAL 11.54
Indonesia exported 2.62 million tonnes of palm and palm kernel oils in May, up from 1.76 million tonnes in May 2016. Shipments were up 2 percent compared with April.
Indonesia's palm oil stocks at the end of May were at 621,000 tonnes, the association said, down from 888,000 tonnes in April.
Following is a table of Indonesia's palm exports for 2017/2016:
Month Palm & M/M pct
kernel oils change
(mln tonnes)
2017
May 2.62 2
April 2.57 4
March 2.47 -2
February 2.53 -7
January 2.72 1.5
2016
December 2.68 -5.6
November 2.84 17.8
October 2.41 39
September 1.73 -16
August 2.07 29
July 1.6 -10
June 1.78 1
May 1.76 -16
April 2.09 20
March 1.74 -24
February 2.29 9
January 2.1 -16
2016 TOTAL 25.09
2015 TOTAL 26.41
2014 TOTAL 21.76
2013 TOTAL 21.21
2012 TOTAL 11.54