(By indonesia-investments.com)

Demand for Indonesian crude palm oil (CPO) – both global and domestic demand – surged, giving rise to impressive corporate earnings reports of Indonesian palm oil producers in the first quarter of 2014.

Combined, net profit of plantation companies that are listed on the Indonesia Stock Exchange, rose 116 percent. Indonesia’s plantation sector is dominated by production of crude palm oil products and derivatives. Because of increased global demand, the value of Indonesian CPO exports is expected to rise to USD $22-24 billion.

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