{"id":27129,"date":"2023-12-19T18:32:15","date_gmt":"2023-12-19T18:32:15","guid":{"rendered":"https:\/\/gapki.id\/en\/?p=27129"},"modified":"2023-12-20T18:44:35","modified_gmt":"2023-12-20T18:44:35","slug":"palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops","status":"publish","type":"post","link":"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/","title":{"rendered":"PALM OIL PERFORMANCE IN OCTOBER 2023: Production, Consumption &#038; Exports Rise, Stock Drops"},"content":{"rendered":"<p style=\"text-align: center;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-937\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2016\/06\/gapkilogo.png?resize=89%2C89&#038;ssl=1\" alt=\"\" width=\"89\" height=\"89\" srcset=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2016\/06\/gapkilogo.png?w=200&amp;ssl=1 200w, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2016\/06\/gapkilogo.png?resize=150%2C150&amp;ssl=1 150w\" sizes=\"auto, (max-width: 89px) 100vw, 89px\" \/><\/p>\n<p style=\"text-align: center;\"><strong>Press Release<\/strong><br \/>\n<strong>Indonesian Palm Oil Association (IPOA)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>PRESS RELEASE<\/strong><br \/>\n<strong>PALM OIL INDUSTRY PERFORMANCE IN OCTOBER 2023<\/strong><br \/>\n<strong>Production, Consumption &amp; Exports Rise, Stock Drops<\/strong><\/p>\n<p style=\"text-align: center;\"><!--more--><\/p>\n<p>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 PKO also rose by 7.6%\u00a0 from 366 thousand tons in August to 394 thousand tons in September 2023.<\/p>\n<p>Total domestic consumption in September reached 1,979 thousand tons, a decrease of 2.9% from the domestic consumption in August at 2,037 thousand tons. The largest\u00a0 decrease was seen in the consumption for biodiesel, which decreased from 956 thousand tons in August 2023 to 924 thousand tons in September, followed by the consumption for foods from 898 thousand tons to 865 thousand tons. The consumption for oleochemical rose to 190 thousand tons in September from 183 thousand tons in August 2023.<\/p>\n<p>Total exports in September 2023 saw an increase of 29.9% to 2,693 thousand tons from 2,073 thousand tons in August. The largest increase was seen in the export of processed CPO from 1,245 thousand tons in August to 1,968 thousand tons in September. The export of processed PKO also increased from 78 thousand tons in August to 130 thousand tons in September 2023, while the export of oleochemical decreased from 416 thousand tons in August to 333 thousand tons in September 2023. The largest decrease of exports was seen to China from 920 thousand tons in August to 781 thousand tons in September, while to India decreased from 744 thousand tons in August to 352 thousand tons in September.<\/p>\n<p>With the initial stock in September 2023 reaching 3,238 thousand tons, \u00a0production at 4,537 thousand tons, consumption at 1,979 thousand tons and exports at 2,693 thousand tons, then final stock by the end of September 2023 was 3,103 thousand tons, which was lower than the final stock by the end of August at 3,238 thousand tons.<\/p>\n<p><strong>Jakarta, 19 December 2023<\/strong><br \/>\n<strong>The Indonesian Palm Oil Association (GAPKI)<\/strong><\/p>\n<p><em><u>For further information, please contact:<\/u><\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Mukti Sardjono<\/strong><\/span><br \/>\n<strong>Executive Director<\/strong><\/p>\n<p><strong>GAPKI<\/strong><br \/>\n<strong>Ph. 021-57943871<\/strong><br \/>\n<strong>Fax. 021-57943872<\/strong><\/p>\n<p><a href=\"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/statistik-industri-minyak-sawit_oktober_2023\/\" rel=\"attachment wp-att-27130\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-27130\" src=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/STATISTIK-INDUSTRI-MINYAK-SAWIT_OKTOBER_2023.png?resize=826%2C657&#038;ssl=1\" alt=\"\" width=\"826\" height=\"657\" srcset=\"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/STATISTIK-INDUSTRI-MINYAK-SAWIT_OKTOBER_2023.png?w=694&amp;ssl=1 694w, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/12\/STATISTIK-INDUSTRI-MINYAK-SAWIT_OKTOBER_2023.png?resize=300%2C239&amp;ssl=1 300w\" sizes=\"auto, (max-width: 826px) 100vw, 826px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PALM OIL INDUSTRY PERFORMANCE IN OCTOBER 2023 Production, Consumption &amp; Exports Rise, Stock Drops<\/p>\n","protected":false},"author":1,"featured_media":26710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"off","neve_meta_content_width":70,"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":[3710,3713,3708,3709],"tags":[],"class_list":["post-27129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-info-activity","category-press-release","category-publication","category-recent-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PALM OIL PERFORMANCE IN OCTOBER 2023: Production, Consumption &#038; 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Exports Rise, Stock Drops - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)","isPartOf":{"@id":"https:\/\/gapki.id\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/#primaryimage"},"image":{"@id":"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1","datePublished":"2023-12-19T18:32:15+00:00","dateModified":"2023-12-20T18:44:35+00:00","description":"With the initial stock in September 2023 reaching 3,238 thousand tons, \u00a0production at 4,537 thousand tons, consumption at 1,979 thousand..","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gapki.id\/en\/news\/2023\/12\/19\/palm-oil-performance-in-october-2023-production-consumption-exports-rise-stock-drops\/#primaryimage","url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1","contentUrl":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1","width":827,"height":460},{"@type":"WebSite","@id":"https:\/\/gapki.id\/en\/#website","url":"https:\/\/gapki.id\/en\/","name":"Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)","description":"Indonesian Palm Oil Association (IPOA)","publisher":{"@id":"https:\/\/gapki.id\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/gapki.id\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/gapki.id\/en\/#organization","name":"Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)","url":"https:\/\/gapki.id\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/gapki.id\/en\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/10\/LOGO_GAPKI_TRANS-P.png?fit=979%2C826&ssl=1","contentUrl":"https:\/\/i0.wp.com\/gapki.id\/dir-site\/uploads\/2023\/10\/LOGO_GAPKI_TRANS-P.png?fit=979%2C826&ssl=1","width":979,"height":826,"caption":"Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)"},"image":{"@id":"https:\/\/gapki.id\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/gapki.id\/en\/#\/schema\/person\/c2cee368ea6173d53e932e04704efe25","name":"admin","sameAs":["https:\/\/gapki.id\/en\/"],"url":"https:\/\/gapki.id\/en\/news\/author\/admin\/"}]}},"jetpack_publicize_connections":[],"jetpack-related-posts":[{"id":26723,"url":"https:\/\/gapki.id\/en\/news\/2023\/10\/28\/palm-oil-performance-in-august-2023-production-drops-local-consumption-keeps-rising\/","url_meta":{"origin":27129,"position":0},"title":"PALM OIL PERFORMANCE IN AUGUST 2023: Production Drops, Local Consumption Keeps Rising","author":"admin","date":"October 28, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PALM OIL PERFORMANCE IN AUGUST 2023 Production Drops, Local Consumption Keeps Rising CPO production in August 2023 reached 3,855 thousand tons, while PKO production reached 366 thousand tons, making the total production at 4,221 thousand tons. The total production was lower by 11.5%\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; 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\/08\/Palmoil_Special_Law.png?fit=620%2C394&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/Palmoil_Special_Law.png?fit=620%2C394&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/Palmoil_Special_Law.png?fit=620%2C394&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":26916,"url":"https:\/\/gapki.id\/en\/news\/2023\/11\/22\/palm-oil-performance-in-september-2023-export-of-processed-palm-oil-rises-stock-decreases\/","url_meta":{"origin":27129,"position":1},"title":"PALM OIL PERFORMANCE IN SEPTEMBER 2023: Export of Processed Palm Oil Rises, Stock Decreases","author":"admin","date":"November 22, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PALM OIL PERFORMANCE IN SEPTEMBER 2023 Export of Processed Palm Oil Rises, Stock Decreases 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 PKO also\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; 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\/05\/palmoil_id_idhsustainabletrade.com_.jpg?fit=858%2C574&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/05\/palmoil_id_idhsustainabletrade.com_.jpg?fit=858%2C574&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/05\/palmoil_id_idhsustainabletrade.com_.jpg?fit=858%2C574&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/05\/palmoil_id_idhsustainabletrade.com_.jpg?fit=858%2C574&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28967,"url":"https:\/\/gapki.id\/en\/news\/2024\/11\/21\/palm-oil-export-drops-stock-rises\/","url_meta":{"origin":27129,"position":2},"title":"Palm Oil Export Drops, Stock Rises","author":"admin","date":"November 21, 2024","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PALM OIL EXPORT DROPS, STOCK RISES JAKARTA \u2013 Production of CPO in September 2024 reached 4,021 thousand tons, an increase of 0.88% compared to production in JuIy at 3,986 thousand tons. The production of PKO also rose to 394 thousand tons,\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; Activity","link":"https:\/\/gapki.id\/en\/news\/category\/info-activity\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/12\/palmoil_rises_press_Release_.jpg?fit=1024%2C672&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":30769,"url":"https:\/\/gapki.id\/en\/news\/2025\/11\/27\/palm-price-up-export-down-september-performance-analysis\/","url_meta":{"origin":27129,"position":3},"title":"Palm Price Up, Export Down: September Performance Analysis","author":"admin","date":"November 27, 2025","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PRESS RELEASE PRODUCTION, CONSUMPTION, AND EXPORT DROP Production of CPO in September 2025 reached 3,932 thousand tons, a decrease of -22.32% from the previous month at 5,062 thousand tons. Production of PKO in September also declined to 366 thousand tons from 481 thousand\u2026","rel":"","context":"In &quot;Info &amp; Activity&quot;","block_context":{"text":"Info &amp; 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\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2025\/10\/ilustrasi_tbs_pko_cpo_dok_gapki.id_.jpg?fit=988%2C605&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":26362,"url":"https:\/\/gapki.id\/en\/news\/2023\/08\/25\/palm-oil-industry-performance-in-june-2023-production-increases-stock-rises\/","url_meta":{"origin":27129,"position":4},"title":"PALM OIL INDUSTRY PERFORMANCE IN JUNE 2023: Production Increases, Stock Rises","author":"admin","date":"August 25, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PALM OIL INDUSTRY PERFORMANCE IN JUNE 2023 Production Increases, Stock Rises The production of CPO and PKO in June 2023 reached 4,421 thousand tons. It was lower by 13.0% compared to the production in May 2023 at 5,080 thousand tons. The high production\u2026","rel":"","context":"In &quot;Press Release&quot;","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\/allies-en\/uploads\/2016\/06\/gapkilogo.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":26416,"url":"https:\/\/gapki.id\/en\/news\/2023\/09\/29\/palm-oil-industry-performance-in-july-2023-export-strengthens-stock-weakens\/","url_meta":{"origin":27129,"position":5},"title":"PALM OIL INDUSTRY PERFORMANCE IN JULY 2023: Export Strengthens, Stock Weakens","author":"admin","date":"September 29, 2023","format":false,"excerpt":"Press Release Indonesian Palm Oil Association (IPOA) PALM OIL INDUSTRY PERFORMANCE IN JULY 2023 Export Strengthens, Stock Weakens Jakarta - The total production of palm oil in July 2023 reached 4,771 thousand tons, consisting of CPO at 4,357 thousand tons, and PKO at 414 thousand tons. The total production was\u2026","rel":"","context":"In &quot;Press Release&quot;","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":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/11\/palmoil_oilpalm_businessday.ng_.jpg?fit=827%2C460&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27129","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=27129"}],"version-history":[{"count":2,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27129\/revisions"}],"predecessor-version":[{"id":27132,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/27129\/revisions\/27132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/26710"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=27129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=27129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=27129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}