InfoSAWIT, JAKARTA – In August 2018 the crude palm oil (CPO) production might be about 4,06 million tons or decreased about 5% compared to July 2018that reached 4,28 million tons.
The decreasing production, apart from the climate factor and the monthly production pattern, happened for the smallholders did not maximally harvest their fresh fruit bunch (FFB) because of the cheaper price.
But the information from Indonesian Palm Oil Association (IPOA), in year on yearthe CPO and PKO production in January – August 2018 reached 30,67 million tons or increased 19% compared to the same period in last year that reached 25,85 million tons.
The stocks nationally were high enough so in some regions, the stocks influenced the CPO and FFB trades.(T2)