InfoSAWIT, JAKARTA –According to Indonesian Palm Oil Association (IPOA), domestic biodiesel absroption in October decreased about 4% or only 216 thousandtons, compared to the absorption in September that reached 225 thousandtons. “Biodiesel absorption is still consistent, though in every single month, it is in fluctuation,” General Secretary of IPOA, Togar Sitanggang said ,in the official statement to InfoSAWIT, Friday, (15/12/2017).
Meanwhile in the price perspective, in October, the global CPO price was about US$ 700 – US$ 735 per ton within the average price reaching US$ 719,4 per metric ton. Still based on IPOA, the average price slightly decreased compared to the average price in September reaching US$ 724.9 per ton. (T2)