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Indonesian Palm Oil Stocks Rise in November Amid Slower Exports

24 Jan 2025 4:30 pm
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Mumbai, 24 January 2025 (Commoditiescontrol) – Indonesia’s palm oil stocks rose by 3.2% in November, reaching 2.58 million metric tons, as slowing exports offset a decline in production, according to data from the Indonesian Palm Oil Association (GAPKI).

Crude palm oil production fell to 4.33 million metric tons in November, down from 4.42 million metric tons in October, GAPKI reported.

Palm oil exports, including refined products, dropped to 2.64 million metric tons in November, down 9.46% from 2.89 million metric tons in October, reflecting weaker overseas demand.

(By Commoditiescontrol Bureau; +91 98201 30172)


       
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