Exports rose in 2018, supported by rising demand from China, the Middle East and African markets.
Exports rose by 4.2% from 34.71 million tonnes in 2018, supported by rising demand from China, the Middle East and African markets, which offset declines in demand from other countries notably India, chairman Joko Supriyono said.
Supriyono said production growth in 2020 is expected to slow as drought and a cut in fertiliser usage last year will likely affect yield. GAPKI said Indonesia produced 47.1 million tonnes of crude palm oil last year and 4.6 million tonnes of palm kernel oil. By comparison, in 2018 the country produced 43 million tonnes of CPO and 4.3 million tonnes of kernel oil.Prices have fallen across commodity markets because of concerns over the fast-spreading coronavirus.
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