Indonesia’s crude palm oil output to climb to 40-42 mln tonnes
Indonesia’s 2018 crude palm oil output is set to climb by 4-6 million tonnes from last year to 40-42 million tonnes, said an official from an industry association.
Workers are unloading crude palm oil at a port in Cilincing, Jakarta (Source: tempo.co)Jakarta (VNA) - Indonesia’s 2018 crude palm oil output is set to climb by 4-6 million tonnes from last year to 40-42 million tonnes, said an official from an industry association.
According to Togar Sitanggang, Vice Chairman of the Indonesian Palm Oil Association (GAPKI), this year’s output will be better because of replanting seen in the private sector, which will give better yields.
Indonesia is the world’s largest producer and exporter of palm oil, the most widely used edible oil in the world found in everything from margarine and cookies to soap.
Palm oil output usually rises in line with seasonal factors towards the third and fourth quarters of the year.-VNA
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