April 2024 Sees 14.9% Drop in Exports, Slight Rise in Production, and 13.4% Increase in Stocks: GAPKI

Palm Oil (CPO)

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In Indonesia, during April 2024, palm oil exports decreased by 14.9% to 2.178 million tons, down from 2.560 million tons in March 2024. Palm oil production saw a slight increase of 0.3%, rising from 4.493 million tons in March to 4.508 million tons in April. Meanwhile, palm oil stocks grew by 13.4%, reaching 3.741 million tons compared to 3.300 million tons the previous month.