# Palm oil production and exports decline in Indonesia - Biofuels International Magazine

> GAPKI data show Indonesia's crude palm oil and palm kernel oil output fell about 8% to 2.2 million tonnes in February. Palm product exports dropped 6% to 2.66 million tonnes over January and February, mainly due to a higher export duty.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: report · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/71387-palm-oil-production-and-exports-decline-in-indonesia-biofuels-international
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower Indonesian output and a sharp fall in stocks tighten global palm supply, which supports palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-02-02 | [Palm Oil Production Indonesia Fell 3% in 2016, Exports Down 5% \| Indonesia Investments](https://feedsoft.ai/events/12326-palm-oil-production-indonesia-fell-3-in-2016-exports-down-5-indonesia.md) | +2.1% | -5.8% |
| PALMOIL | 2022-12-07 | [Indonesia's palm oil exports to hit record high, despite production shortfall - Grain Price News](https://feedsoft.ai/events/15771-indonesia-s-palm-oil-exports-to-hit-record-high-despite-production-shortfall.md) | -4.9% | -0.3% |
| PALMOIL | 2023-02-05 | [Indonesia’s crude palm oil exports to drop further as more palm oil goes to biodiesel - Opinion](https://feedsoft.ai/events/15758-indonesia-s-crude-palm-oil-exports-to-drop-further-as-more-palm-oil-goes-to.md) | +0.8% | +5.9% |
| PALMOIL | 2024-01-16 | [Indonesia’s 2024 palm oil exports seen down 4% on year – statement](https://feedsoft.ai/events/15677-indonesia-s-2024-palm-oil-exports-seen-down-4-on-year-statement.md) | -0.2% | -1.4% |
| PALMOIL | 2021-11-13 | [Palm Oil News - CPO Gets More Expensive: Malaysian Production Decreased](https://feedsoft.ai/events/15867-palm-oil-news-cpo-gets-more-expensive-malaysian-production-decreased.md) | +2.4% | -4.6% |

## Sources

- biofuels-news.com: https://biofuels-news.com/news/palm-oil-production-and-exports-decline-in-indonesia/

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