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Indonesian palm oil export could drop 9.5 pct. in 2014

Indonesia's core customers, such as China, India and Europe, are slowing down their palm oil import, and the country's export could risk a 9.5 percent drop in 2014 compared to last year, according to Reuters.

Stena Weco er et af de rederier, som sejler med palmeolie.

The Indonesian palm oil export looks set for a big decline this year, says the country's industry organization Indonesian Palm Oil Association (GAPKI) according to news agency Reuters.

Indonesia is the world's largest manufacturer of palm oil and is expected to export between 19 and 20 million tons in 2014, a decline of up to 9.5 percent compared to 2013, where the country shipped 21 million tons.

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