JAKARTA, Jan 9 (Reuters) - Crude palm oil (CPO) output in Indonesia, the world's largest producer of the edible oil, is expected to rise 14 percent to 25.7 million tonnes this year, the agriculture ministry said on Monday.
Earlier on Monday, the ministry said in a statement 2011 crude palm oil production was 22.5 million tonnes.
Last week, the Indonesian Palm Oil Association said it expected crude palm oil output to increase 6 percent to 25 million tonnes due to rising plantation areas.
CPO exports from Indonesia dropped 5 percent to 19.4 million tonnes last year, the agriculture ministry added, highlighting rising domestic consumption.
Key hurdles in Indonesia's palm oil sector include difficulties in bank financing, poor infrastructure and relatively low productivity, said Gamal Nasir, director-general of plantation at the agriculture ministry.
0 comments:
Posting Komentar