Commodity News
SunSirs: Indonesia Palm Oil Exports Decline in September 2024
November 22 2024 15:38:12 SunSirs (Selena)
According to data released by the Indonesian Palm Oil Association (GAPKI), palm oil production in Indonesia increased in September while exports decreased, leading to an increase in inventory.
In September 2024, Indonesia's palm oil exports were 1.86 million tons, a decrease of 22.0% from August's 2.384 million tons and a decrease of 30.9% from the same period last year's 2.69 million tons, as exports to major buyers India and China decreased by more than 1/3.
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Related Information
- 2025-04-28 SunSirs: Exploring China Weak Palm Oil Market in April
- 2025-04-27 SunSirs: Malaysian Palm Oil Production Increased nearly 20% Month on Month from April 1 to 20
- 2025-04-27 SunSirs: Combination of Long and Short Positions, China Palm Oil Market Oscillates and Falls
- 2025-04-25 SunSirs: The Actual Shipment of Palm Oil Imports was 92,700 Tons in China in the First Half of April 2025
- 2025-04-23 SunSirs: Palm Oil Demand in China and India may Increase in the Coming Months
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