# Refleksi Industri Kelapa Sawit 2017 & Prospek 2018 - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> GAPKI reports Indonesia's 2017 palm oil output rose about 18% to 41.98 million tonnes including PKO, with year-end stocks at 4.02 million tonnes. Palm oil and derivative exports rose 23% in 2017, and the average CPO price was $714.3 per tonne, up 2%.

- Date: 2018-02-02 · published 2018-02-02T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/66570-refleksi-industri-kelapa-sawit-2017-and-prospek-2018-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher Indonesian output and stocks point to ample palm oil supply, which tends to weigh on vegetable oil prices and pressure substitute oils and meals.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-06-24 | [Exports Drop, Stock Up - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15642-exports-drop-stock-up-gabungan-pengusaha-kelapa-sawit-indonesia-gapki.md) | -0.1% | +1.8% |
| PALMOIL | 2017-08-03 | [Indonesia's palm oil exports to hit record in 2017-2018 \| Agrifish  \| POST Online Media](https://feedsoft.ai/events/69562-indonesia-s-palm-oil-exports-to-hit-record-in-2017-2018-agrifish-post-online.md) | -0.6% | +1.3% |
| PALMOIL | 2018-05-25 | [Indonesia`s Palm Oil Exports Dropped in Q1 2018 - The Insiders Stories](https://feedsoft.ai/events/64892-indonesia-s-palm-oil-exports-dropped-in-q1-2018-the-insiders-stories.md) | -0.1% | -5.1% |
| PALMOIL | 2018-12-17 | [Indonesia November trade deficit reaches widest since July 2013](https://feedsoft.ai/events/61862-indonesia-november-trade-deficit-reaches-widest-since-july-2013.md) | +2.2% | +7.1% |
| PALMOIL | 2022-03-24 | [Indonesian palm oil output, exports to hit record high in 2022-23 - Grain Price News](https://feedsoft.ai/events/15835-indonesian-palm-oil-output-exports-to-hit-record-high-in-2022-23-grain-price.md) | -0.9% | -4.0% |
| SBO | 2017-07-11 | [RHB Indonesia - Sector Update: Plantation - Cautious Mode On
        \| 
        RHB TradeSmart ID Blog](https://feedsoft.ai/events/69839-rhb-indonesia-sector-update-plantation-cautious-mode-on-rhb-tradesmart-id-blog.md) | -1.8% | -0.3% |
| SBO | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -2.6% | -7.8% |
| SBO | 2025-06-23 | [Global sunflower production set to rise 8% in 2025-26, Russia maintains top producer status](https://feedsoft.ai/events/24343-global-sunflower-production-set-to-rise-8-in-2025-26-russia-maintains-top.md) | -3.1% | +0.9% |

## Sources

- gapki.id: https://gapki.id/news/2018/02/02/refleksi-industri-kelapa-sawit-2017-dan-prospek-2018/

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