MARKET DEVELOPMENT
Indonesia Feb palm oil exports rise 17pc y/y – GAPKI
Indonesia Feb palm oil exports rise 17pc y/y – GAPKI
2 Apr 2019 (Business Recorder) JAKARTA: Indonesia’s palm and palm kernel oil exports in February rose 16.7 percent from a year earlier to 2.77 million tonnes, the Indonesia Palm Oil Association (GAPKI) said in a statement on Tuesday.
On a monthly basis, shipments dropped almost 11 percent in February, which the association said was due to fewer working days in the month.
At the end of February, domestic stocks of palm oil stood at 2.5 million tonnes, down from January’s 3 million tonnes, it said