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- (-) November 2017
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The 2017/18 production forecast is unchanged at 10.9 million bags, which is a slight increase from the output in 2016/17.
MY 2016/17 sugarcane tonnage grew as a result of La Nina conditions, although sucrose yields fell due to flowering.
Feed-grade wheat import restrictions are driving down wheat imports, with MY 2016/17 estimated lower at nine MMT and 2017/18 at 9.45 MMT.
Indonesian importers report that anticipated increases in fossil fuel prices will drive down synthetic fiber demand, pushing up Indonesia’s expected cotton imports in MY 2016/17.