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palm oil

Indonesia's August Palm Oil Exports at 4.33 Million Ton-Association

palm oil
Indonesia exported 4.33 million tonnes of palm oil products in August

KONTAN.CO.ID - JAKARTA. Indonesia exported 4.33 million tonnes of palm oil products in August, data from industry group the Indonesian Palm Oil Association (GAPKI) showed on Tuesday, up from 2.71 million tonnes in July.

Indonesia's decision to waive levies on palm oil exports had helped "improved competitiveness of Indonesian palm oil products in global market amid stiff competition with other vegetable oils," GAPKI said in a statement.

On an annual basis, exports grew 1.4%.

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