MARKET DEVELOPMENT
Indonesia - Palm oil exports
Indonesia - Palm oil exports
12/10/2010 (Meat Trade News Daily) - INDONESIA'S palm oil exports in August rose 6.2% from a year ago on strong demand from its traditional buyers, India, China, and Europe, data from the Indonesian Palm Oil Producers' Association (GAPKI), showed today.
Crude palm oil and other edible oils accounted for about 15% of total exports in August, up from 8% in July, data released by the statistics bureau showed, and made a significant contribution to the better-than-expected export figures for that month.