Chinese Indonesian Palm Oil Imports Slashed (Int'l. Report)
Palm Oil Producers Association
In Jakarta, the Palm Oil Producers Association (GAPKI) is reporting Indonesian palm oil exports to China fell from 3.72 million tons in December 2019 to 2.39 million tons in January this year -- a staggering 35.6 pct drop.
In 2019, China imported a total 6 million tons of palm oil from Indonesia, representing 16.5 pct of Indonesia's overall palm oil exports during the year.
Outside of CPO, palm oil kernel (PKO) and palm oil-based biodiesel exports also declined while palm oil oleochemicals exports rose by 22.9 pct, according to GAPKI data.
Despite the export slowdown, domestic palm oil consumption increased slightly to 1.47 million tons in January from 1.45 million tons in December 2019, in line with the government's
mandatory upping of the biodiesel blend rate to B30 in Jan this year -- rising to B50 by the year end.
(Source: Palm Oil Producers Association, Jakarta Post, 30 Mar., 2020) Contact: Palm Oil Producers Association, www.gapki.id;
Indonesian Biodiesel Producers Association, +62 2129380882, email@example.com, www.aprobi.or.id
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Indonesia Schedules B40 Palm Oil Biodiesel Road Tests (Int'l. Report))
Indonesian Biodiesel Producers Association
In Jakarta, the Indonesian Biodiesel Producers Association (APROBI) reports it will begin road trials of 40 pct palm oil biodiesel (B40) fuel next month.
According to APROBI, the national government is eager to increase the mix of palm oil in diesel fuel to encourage domestic palm oil consumption and reduce oil imports, which contribute heavily to the country's trade deficit.
(Source: Indonesian Biodiesel Producers Association, Jakarta Post, 11 Feb., 2020) Contact: : Indonesian Biodiesel Producers Association, +62 2129380882, firstname.lastname@example.org
More Low-Carbon Energy News Indonesian Biodiesel Producers Association
, Palm Oil