# Palm Oil News - The Progress of Oleo-chemical Industries in Indonesia

> Indonesia's oleo-chemical industry remains dominated by basic production and has not expanded capacity much over the last five years despite CPO output rising more than 10% annually. The article says biodiesel capacity has outgrown oleo-chemical capacity since 2008, and that volatile CPO prices have weighed on derivative industries.

- Date: 2017-12-11 · published 2017-12-11T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/67360-palm-oil-news-the-progress-of-oleo-chemical-industries-in-indonesia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Slow growth in downstream palm oil processing means more crude palm oil stays available for biodiesel and export, a mild bearish factor for CPO prices.

## Read by commodity

- PALMOIL: neutral

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/6427/the-progress-of-oleo-chemical-industries-in-indonesia

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