Exports of palm oil from Indonesia in August decreased by 55% compared to last year

Indonesia’s palm oil exports in August, including processed products, totaled 2.07 million tons, down 55% from the same month last year, the GAPKI association said in a statement on Friday.

Crude palm oil production fell to 3.86 million tons in August from 4.36 million tons in July, but domestic stocks at the end of August rose slightly to 3.24 million tons.

Tags: Indonesia, palm oil