Indonesian Palm Oil Exports May Fall 9.5 Pct in 2014 -Sector Body
22/07/2014 (Reuters) –
Indonesia is expected to export between 19 million and 20 million tonnes of palm oil in 2014, according to a leading industry association, a decline of up to 9.5 percent from the 21 million tonnes the world's top producer shipped in 2013.
"Exports of CPO (crude palm oil), palm kernel oil and its derivatives in the first half of 2014 were so disappointing," Fadhil Hasan, executive director of the Indonesian Palm Oil Association (GAPKI), told reporters late on Monday.Exports in the first half of 2014 amounted to 9.75 million tonnes, down from around 11 million tonnes in the first half of 2013, he said.Exports to Indonesia's main customers, India, China and Europe, were down significantly, Hasan said, adding that India had preferred to import rapeseed oil and China soy oil.
Indonesian Palm Oil Exports May Fall 9.5 Pct in 2014 -Sector Body
22/07/2014 (Reuters) –
Indonesia is expected to export between 19 million and 20 million tonnes of palm oil in 2014, according to a leading industry association, a decline of up to 9.5 percent from the 21 million tonnes the world's top producer shipped in 2013.
"Exports of CPO (crude palm oil), palm kernel oil and its derivatives in the first half of 2014 were so disappointing," Fadhil Hasan, executive director of the Indonesian Palm Oil Association (GAPKI), told reporters late on Monday.Exports in the first half of 2014 amounted to 9.75 million tonnes, down from around 11 million tonnes in the first half of 2013, he said.Exports to Indonesia's main customers, India, China and Europe, were down significantly, Hasan said, adding that India had preferred to import rapeseed oil and China soy oil.
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