Thursday, January 5, 2012

RTRS-Indonesia palm oil output seen up 6 pct in 2012

JAKARTA, Jan 4 (Reuters) - Crude palm oil (CPO) output in Indonesia, the world's top producer, is expected to climb 6 percent to 25 million tonnes this year due to rising plantation areas, the Indonesian Palm Oil Association (Gapki) said on Wednesday.

Exports of CPO from Southeast Asia's largest economy will climb by as much as 9 percent in 2012 to 17.5-18 million tonnes, the industry group said in a statement.