Indonesia 2022/23 palm oil consumption is expected to rise to 19.4 million metric tons (MMT) on increased use for biodiesel production, as the Government of Indonesia (GOI) rolls out higher blending rates for its 2023 mandatory biodiesel blending program.
Indonesian cotton imports in 2021/22 increased by 11.7 percent to 2.57 million bales due to increased economic activity following relaxed COVID-19 restrictions. However, due to the global economic slowdown leading to lower demand for Indonesian textiles and products, cotton imports in 2022/23 are forecast to slightly decline to 2.50 million bales.
The Government of Indonesia is set to increase its biodiesel blending mandate from 30 percent to 35 percent in February 2023, a month later than initially announced. The new blending rate is expected to increase palm oil use for fuel to 12.5 million...
Singapore’s economy is rebounding strongly from the COVID-19 pandemic. The city-state’s highly import dependent, multi-billion dollar food industry is driven by robust consumer spending, high disposable incomes, and intense urbanization.
This report provides updated technical information for requirements and regulations on food and agricultural products as currently required by the Government of Indonesia (GOI). Sections that have been updated for this year include Food Additive...
The United States is a leading supplier of agricultural products to Indonesia with a 13 percent market share in 2021. Major exports include soybeans, wheat, cotton, milk powder, feeds and fodders, dairy, fresh fruit, and beef and beef products.
The Ministry of Religious Affairs’ Halal Product Assurance Organizing Agency (BPJPH) held the Halal 20 (H20) Forum in Semarang, Indonesia in November 2022. The forum covered a wide range of halal related issues and representatives from foreign embassies and 99 foreign halal certifying agencies (HCAs) joined in the discussions. This report summarizes some of the key points of the event.
On larger than expected production loss related Indonesia’s palm oil export ban policy, Post revises down Indonesia palm oil production to 44.7 million ton (MMT) for 2022/23 and updates 2021/22 production to 43.2 MMT. Soybean imports for 2022/23 are forecast at 2.6 MMT on continued demand from tofu and tempeh producers.
Market uncertainty and price volatility in international markets led to flour mills importing more wheat in 2021/22 to hold them over in case of future shortages. Therefore, Post revises 2021/22 wheat imports to 11.3 MMT, up 12 percent from its previous estimate of 10.7 MMT.
Singapore does not have any domestic commercial production of plant biotechnology. The Singapore Food Agency provides a link in its website that lists a total of 64 genetically engineered (GE) crops that have been approved for use as food for direct consumption, ingredients, and further processing into ingredients for other food in the country.