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Jakarta Post
The Jakarta Post 34
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RI slashes palm oil export estimate to 17.6 million tons

  • The Jakarta Post

Jakarta | Wed, August 15 2012 | 09:06 am

Indonesia, currently the world’s largest palm oil producer, is expecting the sluggish growth of palm oil exports due to China’s slow economic growth and the ongoing economic uncertainty in Europe, according to the nation’s palm oil association.

The Indonesian Palm Oil Producers Association (Gapki) had earlier estimated total palm oil export shipments at 18 million tons, up by 2.2 perc...