Business Recorder (16/05/2019) - JAKARTA: Indonesia’s palm and palm kernel oil exports in March rose 15.8pc from the same month a year earlier to 2.78 million tonnes, the Indonesia Palm Oil Association (GAPKI) data showed on Wednesday.

On a monthly basis, shipments rose 0.36pc in March due to increased demand from markets such as South Korea, Japan and Malaysia, GAPKI said in a statement.

Shipments to the world’s top vegetable oil market, India, however, fell by 62 percent in March from a month earlier.

At the end of March, domestic stocks of palm oil stood at 2.43 million tonnes, down from February’s 2.5 million tonnes, GAPKI said.

Read more at https://www.brecorder.com/2019/05/16/497360/indonesias-palm-palm-kernel-oils-exports-up-15-8pc-y-y-in-march/