Unhindered by the Pandemic, Oil Palm Oil Exports Are On The Rise

Published Aug 24, 2020

Tridge summary

Despite the Covid-19 pandemic causing a decline in exports of palm oil and its derivatives in Indonesia, the oil palm plantation industry has seen growth, with an increase in exports of palm kernel expeller (PKE) by 4.4 percent in the first semester of 2020 compared to the same period in 2019. The stability of PKE exports is attributed to their quality, which competes well in the global market. Pekanbaru Agricultural Quarantine is working to meet the sanitary and phytosanitary requirements of countries like New Zealand, England, the Netherlands, China, Saudi Arabia, and South Korea to make these products more acceptable in the destination countries.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After being paralyzed due to the Covid-19 pandemic, a number of industrial sectors in Indonesia started to grow again. In contrast to other industrial sectors that were suspended animation during the pandemic, the oil palm plantation industry has survived and has actually managed to make new achievements. Although exports of palm oil and its derivatives in Semester I-2020 fell by 11.68 percent, the frequency of exports of palm oil meal (Palm Kernel Expeller / PKE) in the same period was recorded to have increased. Pekanbaru Agricultural Quarantine through IQfast data recorded and compared the frequency and number of PKE exports in the first semester of 2020 with the first semester of 2019. As a result, in the first semester of 2019, the frequency of PKE shipments was recorded at 161 times with a total export of 332,857 tons. Meanwhile, in the first semester of 2020, the export frequency increased 4.4 percent to 168 times with an increase in export volume by 6 percent to 352,577 ...

Source: Wartaekonomi