Commodity News
SunSirs: Indonesia Palm Oil Exports Decline in September 2024
November 22 2024 15:38:12 SunSirs (Selena)
According to data released by the Indonesian Palm Oil Association (GAPKI), palm oil production in Indonesia increased in September while exports decreased, leading to an increase in inventory.
In September 2024, Indonesia's palm oil exports were 1.86 million tons, a decrease of 22.0% from August's 2.384 million tons and a decrease of 30.9% from the same period last year's 2.69 million tons, as exports to major buyers India and China decreased by more than 1/3.
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Related Information
- 2025-04-01 SunSirs: China Palm Oil Market Oscillates and Falls in March 2025
- 2025-04-01 SunSirs: External Market Pressure on Palm Oil Market Weakens
- 2025-03-28 SunSirs: Indonesia's Palm Oil Inventory Increased 14% in January 2025
- 2025-03-21 SunSirs: Malaysia Maintains the Export Tax Rate for Crude Palm Oil is at 10% in April 2025
- 2025-03-20 SunSirs: Negative Sentiment still Exists, China Palm Oil Market weakly Oscillates
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