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Post revised down Indonesia palm oil exports estimate to 27.9 million metric ton (MMT) on lower supplies, higher domestic use and expected reduced export demand for 2023/24. Palm oil use for the biodiesel industry is revised down to 12.3 MMT for 2023/24 on lower-than-expected biodiesel distribution in 2023.
Indonesia’s Halal Product Assurance Agency (BPJPH) recently promulgated a new decree requiring imported products’ halal certificates issued by foreign halal certifying bodies be registered with BPJPH prior to the importation and distribution of the...
In 2018, Indonesia’s imports of consumer-oriented agricultural products grew to $5.9 billion, an 8.5 percent increase from the previous year.
The Indonesian food and beverage industry is comprised of over 5,000 large and medium size companies and is valued at an estimated $188 billion.
Indonesia’s palm-based biodiesel industry enjoyed a large expansion in 2018 with the beginning of nationwide expansion of B20 to the non-public (Non-PSO) transport sector and a sharp jump in overseas
The Government of Indonesia (GOI) is reviewing palm planted area following conflicting data from several government agencies.