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Current Position:Home » Documents » Food Industry Reports »

Indonesia Oilseed and Products Update July 2014

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  • Published: 2014-07-31
  • File Format: PDF
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  • Size: 803.18K
  • Language: English
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Introduction
Indonesia expects a weak to moderate El-Nino phenomenon to arrive during the October to December 2014 period. Crude Palm Oil (CPO) and soybean production are expected to remain stable throughout marketing year (MY) 2013/2014, with delayed effects to CPO production possibly occurring in MY 2014/2015. Historical data suggests that Indonesian CPO production may remain unchanged despite El-Nino. Changes in Indonesia’s domestic palm oil consumption estimates may occur if Indonesia does not meet its national biodiesel target this year.
 
 
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