• indonesias crude palm oil press machine output seen higher
  • indonesias crude palm oil press machine output seen higher
  • indonesias crude palm oil press machine output seen higher
  • indonesias crude palm oil press machine output seen higher
  • Will Indonesia's palm oil output rise 5% this year?
  • Indonesia’s palm oil output this year is expected to rise by 5% year-on-year to 57.6 million metric tons as more newly matured crops come into fruition, the Indonesia Palm Oil Association (GAPKI) said on Tuesday.
  • Is Indonesia using more palm oil to make biodiesel?
  • After decades of cheap palm oil, thanks to booming output and a battle for market share, output is slowing and Indonesia is using more to make biodiesel, respected industry analyst Dorab Mistry said. "Those days of US$400-per-ton discounts are gone," added Mistry, a director of Indian consumer goods company Godrej International.
  • How much does palm oil cost in Indonesia?
  • Indonesia is the world's biggest producer and exporter of palm oil. The Estate Crop Fund, a government agency in charge of collecting export levies, provided three price forecasts for the edible oil, from $747 per tonne up to $1,094 per tonne. Eddy said the baseline forecast used by the fund is the moderate price range of $821 to $1,032 per tonne.
  • How much do Indians pay for palm oil?
  • Indians were paying US$1,185 a ton for crude palm oil last week, up from less than US$500 in 2019. Higher vegetable oil prices could complicate governments' efforts to rein in inflation, whether in palm oil-reliant nations or those dependent on rival soybean, sunflower, and rapeseed oils.
  • Will palm oil replanting subsidy boost farmer participation in 2024?
  • Despite a drop in exports in 2023 due to rising domestic demand, GAPKI anticipates the 2024 export figure to remain steady at around 32-33 million tons. The government is also contemplating doubling its palm oil replanting subsidy to boost farmer participation.