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)
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.

News Comment

Today's Industry

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.

Ilustration Collaborative robots – or cobots (Photo by Robotic Industries Association)

Selasa, 29 Desember 2020 - 16:25 WIB

Universal Robots Reaches Industry Milestone with 50,000 Collaborative Robots Sold

Cobot market pioneer Universal Robots (UR) solidified its frontrunner position today by selling the 50,000th UR cobot, which was purchased by a German manufacturer to enable higher productivity…