During the first ten months of 2011, CPO production of AALI reached 1.05 million tonnes, an increase of 16.9% compared to the same period last year. However this increase was mainly derived from FFB production growth. As of October 2011, AALI’s FFB production increased by 15.1%, from 3.46 million tonnes in the same period last year to 3.99 millions tonnes with the average yield was 18.22 tonnes /ha. Based on FFB production composition, Sumatra region produced 1.77 million tonnes or 44.5% from the total FFB production, while Kalimantan and Sulawesi region were 36.4% and 19.1% respectively.
Industry Update : World CPO Consumption
In 2011, world CPO consumption is estimated to reach 48.91 million tonnes or increase by 5.3% compared to the previous year, amounting to 46.45 million tonnes. During this year, major CPO consumer countries will absorb 62.2% of the world total consumption or approximately 30.42 million
tonnes. Meanwhile, India as the biggest CPO consumer in the world is expected to absorb 14% of the world total consumption by the end of this year or approximately 6.84 million tonnes
tonnes. Meanwhile, India as the biggest CPO consumer in the world is expected to absorb 14% of the world total consumption by the end of this year or approximately 6.84 million tonnes