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News Admin
 
Date
 11/10/2021
News Source
 www.nasdaq.com
Headline
 Indonesia's August palm oil exports jump 59%


08.10.2021 (www.nasdaq.com ) - JAKARTA, Oct 8 (Reuters) - Indonesia's August exports of palm oil, including refined products such as oleochemicals, rose 59% year on year to 4.27 million tonnes, data from the Indonesian Palm Oil Association (GAPKI) showed on Friday.


The growth was supported by strong demand from major markets such as India and China, GAPKI said.


Indonesia, the world's top palm oil exporter, produced 4.56 million tonnes of crude palm oil in August and end-of-month stock stood at 3.43 million tonnes, GAPKI data showed.




(Reporting by Fransiska Nangoy Editing by David Goodman)



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