Wednesday, 11 February 2009

Demand for palm oil export is improved

Export of crude palm oil (CPO) starting from early this year is predicted to keep increasing since the price and the demand are still good. According to the Head of the Marketing Department at the Indonesian Exporter Businessmen Association (Gapki), Susanto, the biggest increase for CPO export is triggered by the large demands from China and India. He added that the CPO export to Europe is declining due to the global economic crisis.
Source: PA Asia - Public Affairs and CSR from Bisnis Indonesia, p.4, 4 February 2009

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