# Despite Of Covid-19, Palm Oil Export Still Promising - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> The Indonesian Palm Oil Association (GAPKI) reports that palm oil exports remain promising despite COVID-19, which reduced crude palm oil shipments to some countries in early 2020. Exports to India were still strong in volume and value from January to April.

- Date: 2020-06-22 · published 2020-06-22T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52494-despite-of-covid-19-palm-oil-export-still-promising-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Steady export demand from India supports Indonesian palm oil prices, but the reported decline in export share signals softer overseas demand.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-06-11 | [Europe Still Needs RI’s Palm Oil Despite EUDR - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15725-europe-still-needs-ri-s-palm-oil-despite-eudr-gabungan-pengusaha-kelapa-sawit.md) | +5.9% | +14.8% |
| PALMOIL | 2021-08-02 | [WTO Agrees To Review EU’s Anti-Palm Oil Policy - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45588-wto-agrees-to-review-eu-s-anti-palm-oil-policy-gabungan-pengusaha-kelapa-sawit.md) | +2.6% | +5.6% |
| PALMOIL | 2021-01-05 | [Govt To Counter EU’s Palm Oil Unfairness With New Strategy - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/49166-govt-to-counter-eu-s-palm-oil-unfairness-with-new-strategy-gabungan-pengusaha.md) | +1.3% | -10.0% |
| PALMOIL | 2021-05-17 | [RI Govt Applies 4 Ways To Solve CPO Export Problems - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/46983-ri-govt-applies-4-ways-to-solve-cpo-export-problems-gabungan-pengusaha-kelapa.md) | -2.5% | -15.7% |
| PALMOIL | 2022-07-24 | [Malaysia's palm oil demand to sustain despite Indonesia's export levy waive - Zuraida](https://feedsoft.ai/events/15808-malaysia-s-palm-oil-demand-to-sustain-despite-indonesia-s-export-levy-waive.md) | +1.3% | +3.7% |

## Sources

- gapki.id: https://gapki.id/en/news/2020/06/22/despite-of-covid-19-palm-oil-export-still-promising/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.