Indonesia: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   ID2024-0003

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Office of Agricultural Affairs, Jakarta   |   (011-62-21) 3435-9161

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Indonesia: Oilseeds and Products Update
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. Soybean meal use is estimated to increase 2 percent to 5.65 MMT in 2023/24 from the previous year on improved feed millers’ performance.
East Asia and the Pacific, Indonesia
Oilseeds, Soybean Oil, Vegetable Oils (excl. soybean)

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