Indonesia’s palm oil and palm kernel oil output seen down 5% in 2024, GAPKI says

Output of crude palm oil and crude palm kernel oil by Indonesia, the world’s biggest producer, is estimated at 51 million metric tons this year, down around 5% from 2023, officials of industry association GAPKI told reporters on Tuesday. The impact of a dry weather pattern in 2023 has affected crops this year and lowered the output, especially as around 40% of the country’s oil palm trees are old, GAPKI secretary general M. Hadi Sugeng Wahyudiono said. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access ...