{"id":20525,"date":"2021-08-23T22:17:02","date_gmt":"2021-08-23T15:17:02","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=20525"},"modified":"2021-08-23T22:17:02","modified_gmt":"2021-08-23T15:17:02","slug":"production-starts-rising-stock-recovering","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2021\/08\/23\/production-starts-rising-stock-recovering\/","title":{"rendered":"Production Starts Rising, Stock Recovering"},"content":{"rendered":"

\"\"<\/p>\n

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

PRODUCTION STARTS RISING, \u00a0STOCK RECOVERING<\/strong><\/span><\/p>\n

<\/p>\n

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 US$ 3.0 billion (+21.08%), causing trade balance in June 2021 to drop to US$ 1.32 billion or a decrease of 51.1% from that in May. The export value of palm oil products in June dropped to US$ 2.118 billion, a decrease of 30.1% or lower by US$ 0.945 billion compared to that in May.<\/p>\n

Despite the fact, foreign exchange from palm oil exports still amounted to 11.4% of the total foreign exchange from total exports, showing that palm oil exports still play an important role in gaining foreign exchange. The price decrease was one factor causing the export drop, besides the possibility of importing countries reduce their imports as they still have enough stock of vegetable oils. The average price in June was US$ 1,054\/ton, which was much lower (-15.1%) from that in May at US$ 1,241\/ton.<\/p>\n

In terms of volume, the exports of palm oil products in June 2021 reached 2,026 thousand tons or 926 thousand tons (31.4%) lower than the exports in May 2021, but year on year (YoY) as of June 2021, the exports of palm oil was 1.8% higher than that in 2020. The decrease was seen in all products except oleochemical. The export drop was seen as a result of businessmen taking the stance of wait and see <\/em>due to the very high volatility of palm oil prices.<\/p>\n

The highest export drop was seen to European Union (EU) (-151 thousand tons), followed by Middle East (-124 thousand tons), India (-105 thousand tons) and Pakistan (-108 thousand tons). But year on year (YoY) as of June 2021, the biggest export drop was seen to India (-475 thousand tons).<\/p>\n

Local consumption in June 2021 reached 1,584 thousand tons, or \u00a05.8% lower than the local consumption in May. The decrease was seen in the palm oil use for foods (-4.6%) and biodiesel (-9.6%), while for oleochemical rose by 3.4%. Year on year (YoY) the local \u00a0consumption in 2021 was higher by 19% than the local consumption in 2020.<\/p>\n

Production in June 2021 had started to increase. The production of crude palm oil (CPO) in June reached 4,482 thousand tons, while production of palm kernel oil (PKO) reached 426 thousand tons, so that total production of CPO and PKO was around 12.7% higher than that in May at 4,354 thousand tons. Year on year (YoY) production of CPO+PKO in 2021 was 4.3% higher than that in 2020.<\/p>\n

The production increase, and export and local consumption drop had caused the stock to recover to 4,150 thousand tons as compared to 2,848 thousand tons in May. The increase of palm oil production from Indonesia is eagerly expected by global consumers. Therefore, the momentum of Indonesia\u2019s palm oil production increase should be continually maintained, particularly from the impacts of forest and land fires (Karhutla) incidences and from the spread of Covid-19 in the oil palm plantations.<\/p>\n

Jakarta, 18 August 2021<\/strong>
\nIndonesian Palm Oil Association (IPOA)<\/strong><\/p>\n

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

Mukti Sardjono<\/strong>
\nExecutive Director GAPKI<\/strong>
\nPhone\/Fax:<\/strong>
\n021-57943871<\/strong>
\nFax. 021-57943872<\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Press Release Indonesian Palm Oil Association (IPOA) PRODUCTION STARTS RISING, \u00a0STOCK RECOVERING<\/p>\n","protected":false},"author":1,"featured_media":20360,"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":[3710,3713,3708],"tags":[],"class_list":["post-20525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-info-activity","category-press-release","category-publication"],"yoast_head":"\nProduction Starts Rising, Stock Recovering - 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The price increase was caused by the many changes in predictions\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\/2020\/12\/cpo_palmoilmagazine.jpg?fit=650%2C350&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/12\/cpo_palmoilmagazine.jpg?fit=650%2C350&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/12\/cpo_palmoilmagazine.jpg?fit=650%2C350&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":18726,"url":"https:\/\/gapki.id\/en\/news\/2020\/06\/22\/traditional-market-starts-recovering-raising-hope\/","url_meta":{"origin":20525,"position":1},"title":"Traditional Market Starts Recovering, Raising Hope","author":"admin","date":"June 22, 2020","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) Traditional Market Starts Recovering, Raising Hope Amid the outbreak of Coronavirus disease 2019 (Covid-19) during the last few months, the oil palm plantations and palm oil mills have been operating normally by implementing the health protection procedures with strict discipline. Production of crude\u2026","rel":"","context":"In "Press Release"","block_context":{"text":"Press Release","link":"https:\/\/gapki.id\/en\/news\/category\/press-release\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/05\/operasional_industrisawit_tetap_buka_picturevia_astraagro.jpg?fit=800%2C485&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/05\/operasional_industrisawit_tetap_buka_picturevia_astraagro.jpg?fit=800%2C485&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/05\/operasional_industrisawit_tetap_buka_picturevia_astraagro.jpg?fit=800%2C485&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/05\/operasional_industrisawit_tetap_buka_picturevia_astraagro.jpg?fit=800%2C485&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18978,"url":"https:\/\/gapki.id\/en\/news\/2020\/08\/19\/palm-oil-price-and-export-improving\/","url_meta":{"origin":20525,"position":2},"title":"Palm Oil Price And Export Improving","author":"admin","date":"August 19, 2020","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) Palm Oil Price And Export Improving Compared to May 2020, the crude palm oil (CPO) production in June 2020 increased by 13.5% to 4,096,000 tons, domestic consumption dropped by 3.5% to 1,331,000 tons, exports significantly increased by 13.9% to 2,767,000 tons, and CPO\u2026","rel":"","context":"In "Press Release"","block_context":{"text":"Press Release","link":"https:\/\/gapki.id\/en\/news\/category\/press-release\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/08\/palm_oil_fruit_pcrelease.jpg?fit=945%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/08\/palm_oil_fruit_pcrelease.jpg?fit=945%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/08\/palm_oil_fruit_pcrelease.jpg?fit=945%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/08\/palm_oil_fruit_pcrelease.jpg?fit=945%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":30407,"url":"https:\/\/gapki.id\/en\/news\/2025\/09\/24\/production-stays-high-exports-drop\/","url_meta":{"origin":20525,"position":3},"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":20980,"url":"https:\/\/gapki.id\/en\/news\/2021\/12\/19\/price-stays-high-export-value-2021-potential-to-exceed-us35-billion\/","url_meta":{"origin":20525,"position":4},"title":"Price Stays High, Export Value 2021 Potential To Exceed US$35 Billion","author":"admin","date":"December 19, 2021","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PALM OIL INDUSTRY PERFORMANCE IN OCTOBER 2021 AND 2021 ESTIMATION: PRICE STAYS HIGH, EXPORT VALUE 2021 POTENTIAL TO EXCEED US$35 BILLION The palm oil production in October reached 4,040 thousand tons, which was lower than that in September 2021 at 4,176 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\/2021\/10\/palmoil_india_ecobusiness-1.jpg?fit=930%2C548&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/10\/palmoil_india_ecobusiness-1.jpg?fit=930%2C548&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/10\/palmoil_india_ecobusiness-1.jpg?fit=930%2C548&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2021\/10\/palmoil_india_ecobusiness-1.jpg?fit=930%2C548&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":18701,"url":"https:\/\/gapki.id\/en\/news\/2020\/06\/17\/traditional-market-starts-recovering-raising\/","url_meta":{"origin":20525,"position":5},"title":"Traditional Market Starts Recovering, Raising","author":"admin","date":"June 17, 2020","format":false,"excerpt":"Amid the outbreak of Coronavirus disease 2019 (Covid-19) during the last few months, the oil palm plantations and palm oil mills have been operating normally by implementing the health protection procedures with strict discipline. The Indonesian Palm Oil Association (Gapki) Executive Director Mukti Sardjono said that Production of crude palm\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\/2020\/06\/mukti_sardjono_kantor.jpg?fit=960%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/06\/mukti_sardjono_kantor.jpg?fit=960%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/06\/mukti_sardjono_kantor.jpg?fit=960%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/06\/mukti_sardjono_kantor.jpg?fit=960%2C630&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\/2021\/07\/global_strategic_palmoil_wwf.org_.uk_.jpg?fit=882%2C513&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/20525","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=20525"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/20525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/20360"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=20525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=20525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=20525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}