Indonesian palm oil traders plan to build warehouses in Guangzhou
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Last Update: 2002-12-23
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Source: Internet
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Author: User
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Introduction: according to the latest issue of Indonesia, according to the latest issue of Indonesian business news magazine, the Indonesian palm oil grower association plans to build a large warehouse in the southern city of Guangzhou in order to expand export trade to China Bangon, President of qr6, said recently that the warehouse can store a large amount of palm crude oil after completion, which facilitates Indonesian exporters Qr6 the Association estimates that in 2002, Indonesia's palm oil export will increase from 4.9 million tons in 2001 to 5.6 million tons, and export to 98 countries and regions in the world, a substantial increase over the export of 56 countries and regions in 1999 The largest buyer of Indonesia's palm oil is India (purchased 1.5 million tons), followed by the Netherlands (700000 tons) and China (400000 tons) Indonesia's export of palm oil last year totaled US $1.1 billion, which is expected to increase to US $1.6 billion this year
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