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Indonesia palm oil fund: 2022 crude palm oil output seen at 48.23 mln tonnes
Indonesia palm oil fund: 2022 crude palm oil output seen at 48.23 mln tonnes
04/11/2022 (Hellenic Shipping News) - Indonesia’s crude palm oil output is seen at 48.23 million tonnes this year and exports of palm oil products are estimated at 23.95 million tonnes, a presentation by the chairman of its palm oil fund agency showed on Thursday.
Palm oil consumption for biodiesel use is estimated at 9.59 million tonnes this year, a presentation by the fund’s chief executive Eddy Abdurrachman at an industry conference showed.
Source: Reuters (Reporting by Bernadette Christina Munthe Writing by Fransiska Nangoy; Editing by Martin Petty)