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Indonesia’s launch of B30 in January 2020 is expected to increase 2019/20 industrial consumption of palm oil to 9.2 million tons, raising total domestic consumption to a record 15.61 million tons.
Post has revised its number for Vietnam’s exports for marketing year 2018/2019 (MY18/19) to 27.4 million bags, green bean equivalent (GBE), slightly higher than the USDA official number.
This report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.
Cotton imports for 2018/19 are lowered to 3.05 million bales due to competition from imported yarn and fabrics, a weak rupiah, and lower demand from export markets for garments.
Indonesia’s 2019/20 coffee exports are expected to increase by 400,000 bags based on higher production and competitive pricing for both Robusta and Aribia varieties.
Hampered by several constraints, domestic fluid milk production is expected to only marginally increase in 2019.
With a young and growing middle-class and rising incomes, food and beverage processing in Vietnam has shown strong growth in the past five years.