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According to data released by the Indonesian Palm Oil Association on Wednesday, Indonesia's palm oil exports in May were 1.96 million tons, down 28.12% from the previous month, down 25.1% from 2.664 million tons in the same period last year; crude palm oil production in May was 4.165 million tons, down 7% from the previous month. Despite the decline in production, palm oil stocks at the end of May were 3,042,000 tons due to reduced exports, an increase of 18.9% over the previous month.
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According to data released by the Indonesian Palm Oil Association on Wednesday, Indonesia's palm oil exports in May were 1.96 million tons, down 28.12% from the previous month, down 25.1% from 2.664 million tons in the same period last year; crude palm oil production in May was 4.165 million tons, down 7% from the previous month. Despite the decline in production, palm oil stocks at the end of May were 3,042,000 tons due to reduced exports, an increase of 18.9% over the previous month.
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