Indonesian Export of Copra Complex in February Down

Data from Oil World showed Indonesian export of coconut oil in February dropped to 66,000 MT from 76,000 MT in the same month last year, a shortfall by 13.2%.  Top destinations were EU-27 with uptake at 16,000 MT (24,000 MT last year), China at 14,000 MT (13,000 MT), Sri Lanka 11,000 MT (3,000 MT), and Malaysia at 9,000 MT (20,000 MT).  Other markets included Russia 3,000 MT (2,000 MT), South Korea 3,000 MT (3,000 MT), and other countries 9,000 MT (3,000 MT).

Export of copra meal in the same month totaled 21,000 MT, lower by 38.2% compared to 34,000 MT last year.  India was leading market at 9,000 MT (7,000 MT), trailed by South Korea 6,000 MT (13,000 MT), China 3,000 MT (14,000 MT), Vietnam 3,000 MT (nil).   

Export of copra was 3,000 MT (3,000 MT).