Indonesia Reduced Palm Oil Production In February

Palm oil production in Indonesia decreased to 2.8 mln tons in February versus 2.95 mln tons in January.

Oil export increased during the month up to 2.41 mln tons (2.21) while domestic consumption dropped to 0.8 – 0.85 mln tons (0.95).

Palm oil stocks in the country remain unchanged at 2 mln tons.