Indonesia: Palm oil production and export decline in June

Palm oil production and export decline in June 2017 in connection with reduced processing of the raw material due to the holidays.

In June, palm oil production in the country declined to 3.2 million tonnes from 3.38 million tonnes in May. Export of the production declined to 2.2 million tonnes at 2.37 million tonnes exported in May.

 

Palm oil consumption in Indonesia in June reached 937,500 tonnes, which is 13,500 tonnes more than in May.

 

Stocks of the product rose from 1.09 million tonnes in May to 1.3 million tonnes in June.