BR100 3,789 Decreased By ▼ -10 (-0.27%)
BR30 19,396 Decreased By ▼ -42 (-0.21%)
KSE100 36,679 Decreased By ▼ -66 (-0.18%)
KSE30 15,893 Decreased By ▼ -34 (-0.22%)
COVID-19 TOTAL DAILY
CASES 255,769 2165
DEATHS 5,386 66
Markets

Indonesia's 2018 total palm oils exports rise 8 pc

JAKARTA: Indonesia's 2018 exports of palm oils, including oleochemical and biodiesel shipments, rose 8 percent from a ye

06 Feb, 2019

JAKARTA: Indonesia's 2018 exports of palm oils, including oleochemical and biodiesel shipments, rose 8 percent from a year earlier to 34.6 million tonnes, the Indonesian Palm Oil Association (GAPKI) said on Wednesday.

Crude palm oil output last year rose 12.5 percent to 43 million tonnes, GAPKI chairman Joko Supriyono told reporters.

Meanwhile, domestic use of palm oil "jumped significantly" to 13.4 million tonnes, Supriyono added, due to implementation of a wider biodiesel mandate, as well as for food demand.

Copyright Reuters, 2019