European imports of Indonesia palm oil slide following anti campaigns

May 31, 2018 |

In Indonesia, Reuters reports that palm oil exports to the European Union fell drastically by 13% during the first four months of 2018 on the back of anti-palm oil campaigns as well as higher canola stocks. Seasonal exports to India ahead of Ramadan also fell, with the drops in two major markets contributing to a 24% cut in exports during the period, year-on-year, to 1.7 million tons. April exports specifically fell 13.6% to 2.22 million tons.

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