The Palm Scribe

CPO production could reach 21 million tonnes in H1 2018

Investor Daily, 2 July 2018

The Indonesian Oil Palm Research Institute (IOPRI) is optimistic that CPO production in H1 2018 could reach 21.41 million tonnes, a 17.96% increase from 18.15 million tonnes in the same period last year. IOPRI predicted CPO production in May and June at 3.75 million tonnes and 3.62 million tonnes, respectively. The slight decline in June was normal as CPO production cycle usually weakens around June. Moreover, less working days in June also affected productivity, IOPRI Medan Director Hasril Hasan Siregar said yesterday (July 1).

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