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Indonesia's Sept palm oil, biodiesel and oleochemical exports up 13pc m/m

Stock of palm oil had fallen 2pc to 3.73 million tonnes by the end of September. Indonesia's exports of palm o
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By Reuters
  • Stock of palm oil had fallen 2pc to 3.73 million tonnes by the end of September.
  • Indonesia's exports of palm oil, biodiesel and oleochemical in September rose 13pc on a monthly basis to 3.26 million tonnes.

JAKARTA: Indonesia's exports of palm oil, biodiesel and oleochemical in September rose 13pc on a monthly basis to 3.26 million tonnes, the Indonesian Palm Oil Association (GAPKI) said in a statement on Wednesday.

"Exports to India rose sharply by 51pc in September compared to a month ealier," GAPKI said. Exports rose from 2.89 million tonnes in August.

Meanwhile, stock of palm oil had fallen 2pc to 3.73 million tonnes by the end of September, it added, in line with a drop in production.

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