Indonesia’s October palm oil exports at 2.89mn metric tons, industry group says
Indonesia exported 2.89 million metric tons of palm oil in October, including refined products, data from the country’s palm oil association showed on Tuesday.
It dropped from 3.01 million tons in the same month last year, but improved from a revised 2.26 million tons in September, said the association, GAPKI.
In October Indonesia, the world’s biggest palm oil exporter, produced 4.42 million tons of crude palm oil, up around 10% from a month earlier.
Indonesia’s palm oil stocks stood at 2.51 million tons by the end of October, down from 2.62 million tons at the end of the previous month as domestic consumption rose, GAPKI data showed.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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