KONTAN.CO.ID - JAKARTA. Indonesia Palm Oil Association (GAPKI) expects this year's exports of palm oil to be lower than the 34 million tonnes recorded in 2021, due to various policy changes this year, official Fadhil Hasan said on Wednesday. The country's production of palm oil in 2022 is expected to be at least similar to last year's output considering the "turbulent" policy environment, he said. Last year, Indonesia produced 46.9 million tonnes of crude palm oil (CPO), while earlier this year GAPKI said they expected around 49 million tonnes output for 2022.
Indonesia's 2022 Palm Oil Exports Seen Below 2021's 34 mln T -GAPKI
KONTAN.CO.ID - JAKARTA. Indonesia Palm Oil Association (GAPKI) expects this year's exports of palm oil to be lower than the 34 million tonnes recorded in 2021, due to various policy changes this year, official Fadhil Hasan said on Wednesday. The country's production of palm oil in 2022 is expected to be at least similar to last year's output considering the "turbulent" policy environment, he said. Last year, Indonesia produced 46.9 million tonnes of crude palm oil (CPO), while earlier this year GAPKI said they expected around 49 million tonnes output for 2022.