The Palm Scribe

CPO export projected to drop amid barriers

Kontan Harian, 10 August 2018

The Indonesian Palm Oil Producers Association (Gapki) predicts the country’s palm oil export to drop 3%-5% this year due to various barriers. Gapki Executive Director Mukti Sardjono said on Thursday (August 9) that the barriers include high import tariffs applied by several countries, deforestation issues, the European Union’s biofuel policy, and the ongoing US-China trade war. Meanwhile, Asian Agri Corporate Affairs Director Fadhil Hassan said that the company will enhance its marketing strategies amid the sluggish export market. He said the company will continue expanding its market, targeting at non-traditional markets such as the Middle East, Africa, and Bangladesh.

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