Throughout July 2017, Indonesia's Palm Oil Production Rises 13 Percent
By : Hariyanto And Aldo Bella Putra | Monday, September 18 2017 - 19:30 IWST

Ilustrasi Kelapa Sawit (ist)
INDUSTRY.co.id - Jakarta - Throughout July 2017 Indonesia's palm oil production reached 3.75 million tons, up 13% compared to the previous which only reached 3.33 million tons. Production increases as the El Nino effect of 2016 is over.
"With good production and exports that are not too high, it has an effect on increasing domestic palm oil stocks which reached 2.72 million tons, up 17 percent compared to last June," said Executive Director of Indonesian Palm Oil Business Association (GAPKI) Fadhil Hasan.
In terms of prices, during August global CPO daily prices showed an upward trend compared to July, the price moved in the range of US $ 652.50 - US $ 695 per metric ton with an average price of 676 dollars per metric ton.
Meanwhile, Fadhil said, the price of CPO in July only moved in the range of US $ 650-US $ 672.50 per metric ton. With this low price, the export volume of palm oil in Indonesia reached 2.4 million tons.
"This figure shows an increase of 13 percent compared to last June which only reached 2.13 million tons," said Fadhil.
Read Also
ISPO to Leverage Palm Oil Competitiveness Level?
Rebranding Indonesian Palm Oil: A Lesson of Starbucks Traceability…
Ministry of Trade Holds 12th Gambir Trade Talk 'Indonesia's Foreign…
Wilmar International and LDC Visit Orangutan Conservation Area on…
Sawit Sumbermas Sarana Prioritizes Commitment to Protect the Environment…
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…
News Comment