World production of vegetable oils will reach a record by the end of the current crop year

게시됨 2023년 6월 23일

Tridge 요약

In April 2023, Indonesia experienced a significant decrease in palm oil exports, with a 19.2% drop from the previous month, totaling 2.1 million tons. This makes it the lowest export volume since February 2022, excluding the month of May 2022 due to an export ban. The first four months of 2023 saw a decrease in export volume compared to the same period in 2022, with a total of 8.9 million tons. This decline is attributed to a decrease in exports to key countries like China, India, and the US, and a drop in crude palm oil prices. Despite these challenges, domestic consumption remained relatively stable. The production of palm oil in Indonesia is expected to increase slightly for the 2022/23 season, although at a lower rate than the average of the past 5 years due to rain in planting areas.

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원본 콘텐츠

According to the Indonesian Palm Oil Association (Gapki), exports of this commodity in April 2023 decreased by 19.2% over the previous month, from 2.6 million tons to 2.1 million tons, in which is mainly crude palm oil (CPO) accounting for 1.6 million tons. In a press release, Gapki said the export volume in April 2023 reached the lowest level since February 2022, excluding May 2022 when Indonesia imposed a ban on palm oil exports. Thus, in the first 4 months of 2023, Indonesia exported a total of 8.9 million tons of palm oil, down from 10.6 million tons in the same period last year. The whole year 2022 palm oil exports of this Southeast Asian country has reached 33.9 million tons. Gapki's April report also showed that palm oil exports to China fell sharply by 48.7%, while exports to African countries except Egypt also decreased by 47.3%. The declines for two other key markets, India and the US, were 36.5% and 29.7%, respectively. Indonesia's palm oil export revenue also fell ...

출처: Vinanet