Indonesia's palm oil exports in 2001

Introduction: [Indonesia's palm oil exports in 2001] report by the agricultural counsellor of the United States Department of agriculture It is estimated that Indonesia's palm oil production increased by 5% in 2000 / 01 market year to about 7.5 million tons The increase was mainly due to an increase in the number of palms (308000 compared to 294000 in 1999) Palm oil production is expected to increase slightly to 7.7 million tons in 2001 The Jakarta branch of USDA's Bureau of foreign agricultural services has significantly increased its reported output of 6.5 million tons to 7.2 million tons, as more palms are expected to mature In fact, according to the analysis of industry insiders, the output may be even higher in 2001, but it may still be restricted by several factors The cost of the first harvest is higher than the selling price So many farmers are very upset about the harvest Secondly, uncertain safety factors continue to affect palm oil production Many companies plant palms in conflict areas Third, many traders have moved out of the production areas, increasing transportation costs So many companies have to give up their crops and not harvest them Finally, the reduction of fertilizer input by small-scale farmers will directly affect the annual palm oil production in 2001 market The per capita consumption of palm oil in China is estimated to be about 9-10 kg / year Based on the population growth of 1.6%, the consumption of economic growth has increased slightly It is expected that the total consumption of the market in 2000 will be 3.15 million tons, and that in 2001 will be further increased to 3.3 million tons Palm oil exports continue to be a major source of income for Indonesia, despite low global palm oil prices Palm oil exports are expected to increase by 11% to 4.4 million tons in 2000 Palm oil exports in the first three months of 2000 increased by 30% to 1150000 tons from 909000 tons in the same period last year Since last autumn's devaluation of the rupee has boosted Indonesia's palm oil exports, making Indonesia more competitive with Malaysia It is estimated that the annual export volume of 2001 market will increase by 5% to 4.6 million tons In early March 2001, Malaysia and Indonesia, the world's largest palm oil producers, agreed to adopt a common marketing strategy for palm oil The two countries agreed to cooperate and work together to improve, research and develop, seek new markets and increase palm oil consumption in major markets Malaysia is also considering burning crude palm oil and increasing the area of old palm trees to 340000 hectares to reduce the stock The whole strategy is mainly to increase the price of palm oil China feed industry information network qmy