Indonesia’s Feb palm oil exports down 12% y/y –GAPKI
22.04.2020 (Hellenic Shipping News Worldwide) - Indonesia’s exports of palm oil and its refined products, including oleochemicals and biodiesel, were at 2.54 million tonnes in February, Indonesia Palm Oil Association (GAPKI) said in a statement on Tuesday.
That compared to 2.88 million tonnes exports in Febuary last year. Exports to major market China were lower, “likely due to COVID-19 outbreak”, GAPKI said.
GAPKI data showed palm oil stockpile stood at 4.08 million tonnes by the end of February, down from 4.54 million tonnes level at the end of January.
Source: Reuters (Reporting by Bernadette Chrisina Munthe, Fransiska Nangoy, editing by Louise Heavens)
https://www.hellenicshippingnews.com/indonesias-feb-palm-oil-exports-down-12-y-y-gapki/