{"id":19134,"date":"2020-09-23T08:54:44","date_gmt":"2020-09-23T08:54:44","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=19134"},"modified":"2020-09-23T08:54:44","modified_gmt":"2020-09-23T08:54:44","slug":"exports-and-local-demand-continually-rising","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2020\/09\/23\/exports-and-local-demand-continually-rising\/","title":{"rendered":"Exports And Local Demand Continually Rising"},"content":{"rendered":"

\"\"<\/p>\n

Press Release<\/strong>
\nIndonesian Palm Oil Association (IPOA)<\/strong><\/p>\n

Exports and local demand continually rising<\/strong><\/p>\n

<\/p>\n

The export value of palm oil products in July 2020 reached US$ 1.868 billion or around 13.6% of the total national export value (US$ 13.3 billion). The export value increased by US$ 244 million compared to the export value in June 2020. The increase was supported by the increase of crude palm oil (CPO) price from the average of US$ 602 cif Rotterdam in June 2020 to around US$ 659 in July 2020 and the increase of export volume by 362,000 tons from 2,767 thousand tons to 3,129 thousand tons in July 2020.<\/p>\n

The increase of export volume was due to the increase of exports of processed CPO products and lauric. The export of processed CPO products increased by 352 thousand tons from 1,609 thousand tons to 1,961 thousand tons, while lauric (PKO and processed PKO) increased by 32 thousand tons. The export of oleochemical product was relatively stagnant, while export of biodiesel and CPO decreased by 3.0 thousand tons and 19 thousand tons respectively. \u00a0Exports to China and the Middle East were the major contributors to the export increase in July, as the export to China rose by 188 thousand tons (43%) to 629 thousand tons and to Middle East rose by 107 thousand tons (65%) to 273 thousand tons. Export to India decreased by 31 thousand tons (5%) and to Africa decreased by 41 thousand tons (15%).<\/p>\n

Although the export volume in July 2020 increased, the export volume year on year (YoY) until July 2020 decreased if compared to that of the same period last year. Total exports of palm oil products until July 2020 reached 18,632 thousand tons or 1,189 thousand tons lower than total exports during the same period last year (YoY). The export to China in 2020 reached 2,634 thousand tons or only around 61% of the total export to the country last year at 4,281 thousand tons (YoY). Meanwhile, the export to India increased to 3,249 thousand tons, which was higher by 22% from export last year.<\/p>\n

Compared to June 2020, the local consumption in July increased by 97 thousand tons to 1,428 thousand tons. The local consumption increase was mostly contributed by the increase of biodiesel consumption by 87 thousand tons to 638 thousand tons in\u00a0 July. The consumption of oleochemical product also increased by 6.0 thousand tons to 148 thousand tons and for food consumption increased by 4.0 thousand tons to 642 thousand tons. As of July 2020, the total local consumption reached 10,093 thousand tons or 3.0% higher than that of last year.<\/p>\n

The largest increase was seen in oleochemical product at 45% and biodiesel at 27%, while for food products was 15% lower. The production of CPO in July 2020 reached 3,849 thousand tons or 6.2% lower than that of last month and year on year (YoY) 8.2% lower than that of last year. The low production in 2020 was predicted to be resulted from a lack of fertilization due to cost reduction that caused by low prices last year. With such production, final stock in July 2020 amounted to 3,618 thousand tons or 253% of the consumption in July.<\/p>\n

Jakarta, 20 September 2020<\/strong>
\nThe Indonesian Palm Oil Association (Gapki)<\/strong><\/p>\n

For further information, please contact:<\/em><\/p>\n

Ir. Mukti Sardjono, M.Sc<\/strong>
\nDirektur Eksekutif GAPKI<\/strong>
\nPh. 021-57943871, Fax. 021-57943872<\/strong><\/p>\n

\"\"<\/a><\/p>\n

Featured image via inford.org<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Press Release Indonesian Palm Oil Association (IPOA) Exports and local demand continually rising<\/p>\n","protected":false},"author":1,"featured_media":19135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3713,3708],"tags":[],"class_list":["post-19134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","category-publication"],"yoast_head":"\nExports And Local Demand Continually Rising - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Compared to June 2020, the local consumption in July increased by 97 thousand tons to 1,428 thousand tons. 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The increase was seen in crude palm oil (CPO) at 174 thousand tons,\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/04\/palmoil_snrd-asia.org_.jpg?fit=1140%2C627&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/04\/palmoil_snrd-asia.org_.jpg?fit=1140%2C627&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/04\/palmoil_snrd-asia.org_.jpg?fit=1140%2C627&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/04\/palmoil_snrd-asia.org_.jpg?fit=1140%2C627&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/04\/palmoil_snrd-asia.org_.jpg?fit=1140%2C627&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":30407,"url":"https:\/\/gapki.id\/en\/news\/2025\/09\/24\/production-stays-high-exports-drop\/","url_meta":{"origin":19134,"position":1},"title":"Production Stays High, Exports Drop","author":"admin","date":"September 24, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PRODUCTION STAYS HIGH, EXPORTS DROP JAKARTA \u2013 Production of CPO in July 2025 reached 5,113 thousand tons, increasing 6.00% from 4,823 thousand tons in the previous month. Production of PKO in July 2025 also rose by 6.00% from 465 thousand tons\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/palmoil_ilustrasi_siaran_pers_era_.jpg?fit=998%2C652&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/palmoil_ilustrasi_siaran_pers_era_.jpg?fit=998%2C652&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/palmoil_ilustrasi_siaran_pers_era_.jpg?fit=998%2C652&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/palmoil_ilustrasi_siaran_pers_era_.jpg?fit=998%2C652&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":20525,"url":"https:\/\/gapki.id\/en\/news\/2021\/08\/23\/production-starts-rising-stock-recovering\/","url_meta":{"origin":19134,"position":2},"title":"Production Starts Rising, Stock Recovering","author":"admin","date":"August 23, 2021","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRODUCTION STARTS RISING, \u00a0STOCK RECOVERING Indonesia\u2019s export value in June 2021 reached US$ 18.55 billion, an increase of US$ 1.62 billion (+9.5%) from that in May 2021, but import value in June 2021 also rose to US$ 17.23 billion or an increase of\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/07\/global_strategic_palmoil_wwf.org_.uk_.jpg?fit=882%2C513&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/07\/global_strategic_palmoil_wwf.org_.uk_.jpg?fit=882%2C513&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/07\/global_strategic_palmoil_wwf.org_.uk_.jpg?fit=882%2C513&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/07\/global_strategic_palmoil_wwf.org_.uk_.jpg?fit=882%2C513&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":20613,"url":"https:\/\/gapki.id\/en\/news\/2021\/09\/11\/exports-growing\/","url_meta":{"origin":19134,"position":3},"title":"EXPORTS GROWING","author":"admin","date":"September 11, 2021","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) EXPORTS GROWING The exports of palm oil products in July 2021 rose by 716 thousand tons to 2,742 thousand tons, with the biggest export increase was seen in processed crude palm oil (CPO) by 548 thousand tons to 2,110 thousand tons, and CPO\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_thepalmscribe.id_-1.jpg?fit=837%2C489&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_thepalmscribe.id_-1.jpg?fit=837%2C489&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_thepalmscribe.id_-1.jpg?fit=837%2C489&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/09\/palmoil_thepalmscribe.id_-1.jpg?fit=837%2C489&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":20376,"url":"https:\/\/gapki.id\/en\/news\/2021\/07\/14\/export-value-reaches-highest-record\/","url_meta":{"origin":19134,"position":4},"title":"Export Value Reaches Highest Record","author":"admin","date":"July 14, 2021","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) EXPORT VALUE REACHES HIGHEST RECORD The export value of palm oil products in May 2021 reached US$ 3.063 billion, which was a new all-time high of monthly export value. The record achievement was supported by the very high average price during May at\u2026","rel":"","context":"In "Info & Activity"","block_context":{"text":"Info & Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil___bmel.de_.jpg?fit=887%2C485&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil___bmel.de_.jpg?fit=887%2C485&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil___bmel.de_.jpg?fit=887%2C485&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/06\/palmoil___bmel.de_.jpg?fit=887%2C485&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22129,"url":"https:\/\/gapki.id\/en\/news\/2022\/10\/18\/ris-palm-oil-exports-rise-in-august\/","url_meta":{"origin":19134,"position":5},"title":"RI\u2019s Palm Oil Exports Rise in August","author":"admin","date":"October 18, 2022","format":false,"excerpt":"Jakarta \u2013 The Indonesian Palm Oil Association (GAPKI) reported that \u00a0Indonesia\u2019s exports of palm oil products in August 2022 surged significantly compared to those in previous month. Its palm oil export value had also increased during the same period, despite the decrease of global palm oil\u2019s price. Based on data\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/10\/cpo_export_rise_thestar.com_.my_.jpg?fit=984%2C594&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/09\/inford.org_palmoil_illustration.png?fit=688%2C295&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/19134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=19134"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/19134\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/19135"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=19134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=19134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=19134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}