Friday, November 20, 2009

Breaking News-RTRS-Indonesia 2010 palm oil exports seen up 6-8 pct - assoc

JAKARTA, Nov 19 (Reuters) - Indonesia's palm oil exports are expected to grow between 6-8 percent in 2010, from 16 million tonnes estimated for this year, an industry official said on Thursday, thanks to buying from India and China. The world's top palm oil producer is expected to produce 22.5 million tonnes of palm oil next year, against 20.5 million tonnes seen for this year, said Fadhil Hasan, executive director of Indonesian Palm Oil Producers Association (GAPKI).