Indonesia—the World’s first CPO Producer
Indonesia is the world’s first CPO producer and exporter dominating 56% of total world’s CPO production and 57% of total countries’ exports. Although Indonesia dominates more than a half of world’s CPO market
share, CPO prices weakened by 20% from the early of 2017 to July of 2018.
1H18’s Decline in CPO Prices
Malaysia positions as the world’s second CPO producer and exporter. Based on the data of Malaysia-based CPO inventory showing a consistent decline since the early of 2018 coupled with the decline in CPO production, CPO prices hinted no rebound signs in the 1H18.
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