Indonesia Also Searches New Palm Oil Markets

Indonesia Also Searches New Palm Oil Markets

InfoSAWIT, JAKARTA – Facing the reaction from the negative accusation that European Union published, as the biggest palm oil producer in the world, Indonesia also expands the new palm oil markets. Every thing is done up to make agreement to barter palm oil with jet sukhoi.

As quoted from Reuters, until now, European Union is the second biggest region after India from Malaysia and Indonesia, within the global trade reaching up to US$ 40 billion. Unfortunately palm oil users in European Union keep accusing that palm oil is the factor of fire and forest damage. This urged Indonesia to expand new market, starting from Africa to Myanmar.

This is done to anticipate the decreasing palm oil absorption from Indonesia to European Union. In the end the industry should make new markets though it gets more economic price. Luckily, Indonesia is better than Malaysia for the production cost is cheaper.

Deputy in Agriculture and Food Coordination, Coordinator Ministry in Economy, Musdhalifah Machmud, said, at the principle, the stakeholders in Indonesia would not let the trade contract go but would see every available trade potential. (T2)


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