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News Admin
 
Date
 22/10/2001
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 NULL
Headline
 Indonesia sends mission to China to boost CPO

JAKARTA, Oct 17 Asia Pulse - Indonesia will send a trade mission to theChina in November as part of efforts to boost exports of crude palm oil(CPO) to that country, The Jakarta Post reported.The paper quoted chairman of the Indonesian Palm Oil Producers'Association (Gapki) Derom Bangun as saying the trade delegation will meetwith about 250 Chinese businessmen on Nov 9 to woo them to buy more CPOfrom Indonesia.China as one of the world's largest palm oil importers will raise its palmoil imports to 1.4 million tons this year from 1.1 million tons last year,Derom said.He added that Indonesia hoped to gain at least 40 per cent of theadditional palm oil imports.Indonesia had accounted for 330,000 tons, or about 30 per cent of China'stotal 1.1 million tons of imports.Indonesia's CPO production is expected to reach 7.2 million tons thisyear, compared with 6.5 million tons last year.


ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
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