According to data released by the Indonesian Palm Oil Association (GAPKI), despite a reduction in palm oil production in January, Indonesian palm oil inventories increased 13.98% at the end of January compared to the previous month, as exports fell to a four month low.

According to GAPKI data, 1.96 million tons of palm oil products (including refined palm oil and oil chemicals) were exported in January this year, a decrease of 4.9% from 2.06 million tons in December and a decrease of 30% from the same period last year.

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