{"id":21867,"date":"2022-08-11T14:13:13","date_gmt":"2022-08-11T07:13:13","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=21867"},"modified":"2022-08-11T14:13:13","modified_gmt":"2022-08-11T07:13:13","slug":"exports-rise-but-stock-still-high","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2022\/08\/11\/exports-rise-but-stock-still-high\/","title":{"rendered":"Exports Rise, But Stock Still High"},"content":{"rendered":"

\"\"<\/p>\n

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

EXPORTS RISE, BUT STOCK STILL HIGH<\/strong><\/p>\n

<\/p>\n

The government\u2019s decision to lift the palm oil export ban since 23 May 2022 has increased the export in June to 2,334 thousand tons or 3.4 times higher than that in May at 678 thousand tons. The largest export increase in June was seen to Pakistan from 281 thousand tons to 295.0 thousand tons, to EU27 from 177.8 thousand tons to 296.7 thousand tons, to China from 208.5 thousand tons to 416.2 thousand tons, to India from 154.5 thousand tons to 212.3 thousand tons and to Africa from 156.6 thousand tons to 199.4 thousand tons.<\/p>\n

The local consumption in June saw an increase of 225 thousand tons to 1,835 thousand tons. The largest increase in the domestic consumption was seen for the production of biodiesel by 130 thousand tons to 720 thousand tons, followed by the consumption for foods which rose by 97 thousand tons to 934 thousand tons. CPO production in June rose by around 6% to 3,297 thousand tons, while PKO production increased to 322 thousand tons.<\/p>\n

The increase of CPO production was in line with the production of fresh fruit bunches (FFB) which is seeing a rising trend, but the FFB production was not yet fully 100% processed in the palm oil mills as the level of palm oil stock in their storage tanks was still high.
\nWith the production, consumption, and export mentioned above, then final stock in June 2022 was estimated at 6,683 thousand tons, which was lower than the final stock at the end of May 2022 at 7,233 thousand tons.<\/p>\n

Meanwhile, at global market the price of CPO Cif Rotterdam fell from US$ 1,714 in May to US$ 1,573\/ton in June (Cif Rotterdam). So did the average price of CPO (KPBN auction) in June from around Rp 13,000\/kg in early June to around Rp 8,500\/kg by the end of June. The price condition indicated that the export in June had not yet significantly reduced the high domestic stock, so that it could not yet push up the price of CPO at domestic market.<\/p>\n

Jakarta, 11 August 2022<\/strong>
\nIndonesian Palm Oil Association (IPOA)<\/strong><\/p>\n

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

Mukti Sardjono<\/strong>
\nExecutive Director GAPKI<\/strong><\/p>\n

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

Press Release Indonesian Palm Oil Association (IPOA) EXPORTS RISE, BUT STOCK STILL HIGH<\/p>\n","protected":false},"author":1,"featured_media":21870,"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],"tags":[],"class_list":["post-21867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-info-activity","category-press-release"],"yoast_head":"\nExports Rise, But Stock Still High - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"Meanwhile, at global market the price of CPO Cif Rotterdam fell from US$ 1,714 in May to US$ 1,573\/ton in June (Cif Rotterdam). 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The total production was\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\/09\/oilpalm_tree_palmoil.jpg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/09\/oilpalm_tree_palmoil.jpg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/09\/oilpalm_tree_palmoil.jpg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2020\/09\/oilpalm_tree_palmoil.jpg?fit=1024%2C576&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":21867,"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":27129,"url":"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/","url_meta":{"origin":21867,"position":4},"title":"PALM OIL PERFORMANCE IN OCTOBER 2023: Production, Consumption & Exports Rise, Stock Drops","author":"admin","date":"December 19, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PALM OIL INDUSTRY PERFORMANCE IN OCTOBER 2023 Production, Consumption & Exports Rise, Stock Drops The production of CPO in September 2023 reached 4,143 thousand tons, an increase of 7.5% from the production in August at 3,855 thousand tons. The production 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\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28393,"url":"https:\/\/gapki.id\/en\/news\/2024\/08\/29\/gapki-palm-oil-exports-rise-in-june\/","url_meta":{"origin":21867,"position":5},"title":"GAPKI: Palm Oil Exports Rise in June","author":"admin","date":"August 29, 2024","format":false,"excerpt":"JAKARTA - The Indonesian Palm Oil Association (GAPKI) said that the exports of palm oil reached 3,385 thousand tons in June 2024, which surged by 72% compared to that in May 2024 at 1,964 thousand tons. GAPKI Executive Director Mukti Sardjono said that the largest increase of exports was seen\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\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?fit=845%2C519&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?fit=845%2C519&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?fit=845%2C519&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/01\/sawit_hilirisasi_pelitariau.com_.jpg?fit=845%2C519&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\/2022\/08\/palmoil_freemalaysiatoday.com_-1.jpg?fit=981%2C556&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/21867","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=21867"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/21867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/21870"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=21867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=21867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=21867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}