July 2016, CPO and its Derivatives Exports Reached 2.01 Million Tons

Agroindustry

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13/09/2016 15:48 WIB

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Percentage of CPO Exports and Their Decline in July 2016

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July 2016, CPO and its Derivatives Exports Reached 2.01 Million Tons

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Percentage of CPO Exports and Their Decline in July 2016

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Palm oil (CPO) and its derivative exports in July 2016 reached 2.01 million tons. Of this total, 31 percent, or 623,100 tons, consisted of RBD Palm Olein. Approximately 16 percent, or about 321,600 tons, was Palm Oil, and 16 percent, or about 321,600 tons, was CPO. RBD, or Refined Bleached Deodorized, refers to palm oil that has undergone refining.

According to the Indonesian Palm Oil Plantation Fund Management Agency (BPDP), total exports of CPO and its derivatives from January to July 2016 reached 13.2 million tons, a decrease of 22.7 percent compared to the same period the previous year. Throughout 2015, exports of CPO and its derivatives reached 24.71 million tons, an increase compared to the previous year. This comprised 7.21 million tons of CPO and 15.5 million tons of derivative products.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."