JAKARTA – Indonesian Palm Oil Association (IPOA) mentioned, the average price of crude palm oil (CPO) in 2014 was just about US$ 818,2 /ton.
“The average price decreased about 2,8% than it in 2013, which was US$ 841,71 per metric ton,” Executive Director of IPOA, Fadhil Hasan mentioned, Tuesday (20/1).
Based on the data from IPOBA, Indonesian CPO and derivative exports just reached 21,76 millions of tons or it increased 2,5% than the exports in 2013 which reaching 21,22 millions of tons.The CPO and derivative productions in 2014 were estimated about 31,5 millions of tons (including biodiesel and oleochemical).
“The numbers are increasing 5% than the production in 2013 which reaching 30 millions of tons,” he said. (T3)
