Indonesian palm oil exports to China drop by half in January: GAPKI

first_imgIndonesia’s palm oil exports to China have plummeted by half in volume amid global uncertainties, an industry source has said.The Indonesian Palm Oil Producers Association (GAPKI) said in a statement on Tuesday that China’s export volume fell by 381,000 tons or 57 percent. This contributed to the sharp drop in the country’s total palm oil exports, which declined by 35.6 percent to 2.39 million tons in January from 3.72 million tons in December 2019.”The drastic export decline in January could be because importing countries were still holding on to their stock while waiting for the Indonesia government to implement a 30 percent blended biodiesel [B30] program,” the association said in the statement. Topics : Should the decline continue, overall export performances could be dragged down in 2020 as palm oil has remained the country’s top export. The palm oil industry is one of Indonesia’s major foreign exchange earners, contributing 13.5 percent to total non-oil and gas exports worth US$22.3 billion, Finance Minister Sri Mulyani said on March 2.Read also: In Papua, forests offer more economic benefits than oil palm plantations, research findsA decline in palm oil exports to China will also hit the industry hard as one of the country’s main buyers of the commodity. In 2019, China imported 6 million tons of palm oil from Indonesia, representing 16.5 percent of overall palm oil exports during the year, GAPKI data showed.But China is not the only destination that saw a decline in palm oil exports in January. Palm oil exports to the European Union fell by 188,000 tons (30 percent), 141,000 tons (22 percent) for India and 129,000 tons for the United States (64 percent). Only Bangladesh saw a month-to-month increase by 52 percent to 40,000 tons in January.center_img The novel coronavirus, which emerged in China in late December 2019, could further lower the country’s crude palm oil (CPO) imports from Indonesia, as most of the country’s industries, including food and beverage producers, were closed for months.However, CPO CIF Rotterdam prices rose in January, as CPO prices increased to an average of US$830 per ton from an average of $787 tons in December last year. CPO production also increased to 3.48 million tons in January from 3.45 million tons in the previous month.Palm oil statistics 2019. (JP/Swi)”We hope that such good prices will motivate farmers and companies to take better care of their plantations in order to achieve higher productivity,” GAPKI wrote in the statement.Outside of CPO, palm oil kernel (PKO) and palm oil-based biodiesel exports also declined while palm oil oleochemicals exports rose by 22.9 percent, GAPKI data showed.Despite the export slowdown, domestic palm oil consumption increased slightly to 1.47 million tons in January from 1.45 million tons in December 2019.The increase is in line with President Joko “Jokowi” Widodo’s policy to increase the mandatory use of 20 percent blended biodiesel (B20) and B30, which was made in response to the EU’s palm oil restrictions.Read also: India allots import licenses for 1.1 million tons of refined palmolein from IndonesiaThe domestic market is expected to absorb 9 million tons of CPO a year once the B20 and B30 policies are both implemented.Jokowi had previously asked stakeholders to increase the mandatory use of CPO–based biodiesel from B20 to B30 by January and to 50 percent (B50) by the end of 2020.The association painted a bleak picture of the industry going forward. The unstable petroleum prices as a result of disagreements between Russia and the Organization of Petroleum Exporting Countries (OPEC) coupled with the COVID-19 pandemic will contribute to the global economic slowdown, pushing down demand for imported vegetable oils.It also expressed worries that vegetable oil prices would fall if the outbreak lasted until Idul Fitri. Experts have predicted that COVID-19 will peak in May or June. On top of that, industries will soon face the drought season, when forest and land fires are rampant.last_img read more

Nine ways to protect your family from flooded and damaged pools

first_imgA pool is flooded with run-off and rain water as Cyclone Debbie tears through Airlie. Picture: Alix SweeneyHOMEOWNERS with flooded pools are in for a big clean-up after last week’s devastating floods and heavy rains across Queensland.According to Swimart, there are a number of ways pool owners can reclaim their pools.National manager of Swimart, Chris Fitzmaurice said swimming pools effected by recent weather conditions pose as a hazard and it was important to make pool-cleaning a priority.Floodwater sits in the pool of the Lismore City Motor Inn in the flood ravaged centre of Lismore, New South Wales, Monday, April 3, 2017. (AAP Image/Tracey Nearmy)“We understand the number one priority is cleaning out houses and making them habitable, but it must be remembered that flooded swimming pools present a unique set of hazards,” Mr Fitzmaurice said.“An unused, flood-affected swimming pool is not likely to transmit or become a source of diseases in the short term unless sewage has contaminated the pool. However, as it generally won’t be filtered or sanitised, it is important to check for evidence of mosquitoes.“It’s certainly not essential that a pool must be restored to use immediately, but it is vital to assess the condition of the pool and make it safe before starting any work.“Our thoughts are with those affected by Cyclone Debbie and the subsequent storms.”Mr Fitzmaurice said there were nine important steps for pool owners to take with their pool in the aftermath of the storm.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North9 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoSwimart’s tips for owners of pools effected by floods and heavy rain1. Determine whether fencing is intact to prevent children from accessing the pool — secure or restrict access to the area if possible2. Do not empty your pool as the groundwater may have become saturated and the pool could pop or crack.3. Check the pump hose and other structures for snakes, spiders and other pests.4. Remove all debris from the pool.5. Have a licenced electrician check the circuits and electrical fittings.6. Consult with a pool technician on how to ‘flocculate’ the pool water.7. Take a water sample to your local pool store for testing and advice8. Test the water pH and aim for a recommended range of 7.2 to 7.6.9. If your pool is full of water but isn’t able to be restored, check it daily for evidence of mosquitoeslast_img read more