PRESS CONFERENCE Indonesian Palm Oil Association (GAPKI) Exports Increase, Stocks Start Normal Exports of palm oil products in October increased to 3,654 thousand tons compared to exports in September of 3,183 thousand tons and the biggest increase was processed CPO of 303 thousand tons. Based on the destination, the biggest increase occurred for destinations to China with 253.8 thousand tons to 1,105.4 thousand tons and Pakistan increased by 249.6 thousand tons to 376.8 thousand tons while exports to Bangladesh, Italy and Spain and several other countries decreased. The export value of palm oil products in October was US$ 3,734.0 million, up from US$ 3,269.6 million in September. The CPO price in October was US$ 1,099/ton CIF Rotterdam which was higher than the September price of US$ 1,043. Domestic consumption in October was 2,000 thousand tons, which was higher than last month's consumption of 1,821 thousand tons. Consumption for food rose to 983 thousand tonnes from 918 ...
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