Indonesia Raises 2022 Palm Oil Output
Indonesia’s crude palm oil output is expected to rise 2.6% next year to 51.01 MMT from a 2021 estimate of 49.71 MMT, according to the Estate Crop Fund. In 2022, exports are expected to increase to 27.9 MMT versus 27.08 MMT for 2021. Domestic demand is forecasted to increase to 11.4 MMT next year from…