Commodity News
SunSirs: Indonesia's Palm Oil Inventory Increased 14% in January 2025
March 28 2025 13:12:12 SunSirs (Selena)
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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Related Information
- 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
- 2025-03-19 SunSirs: Indonesia's Palm Oil Exports in February were 2.06 Million Tons
- 2025-03-12 SunSirs: Negative Factors Dominate, Palm Oil market Falls Weakly
- 2025-03-11 SunSirs: Malaysia's Palm Oil Stocks at the End of February were 1.51 Million Tons
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