Tuesday, November 27, 2012

RTRS - Monthly palm oil exports from Indonesia gain 3 pct m/m in Oct


JAKARTA, Nov 26 (Reuters) - Palm oil exports from Indonesia, the world's top producer, rose 3 percent to 1.424 million tonnes in October compared to the previous month, industry data showed on Monday.

This year, palm oil output in the archipelago is expected to be between 23 million and 25 million tonnes, with around 18 million tonnes exported.

Indonesia's top customers for the edible oil include India, China and Europe.

In January-October, exports to India totalled 4.648 million tonnes, China 2.400 million tonnes and the European Union 3.217 million tonnes.