Crude Palm Oil (CPO)

Crude Palm Oil (CPO) is a commodity that will always be needed in the consumption of the world community in a long term, especially after we read 7 CPO excellence below from other vegetable oils. That is why technically an an uptrend pattern is formed in 10 years which indicates that CPO is a commodity that remains a potential, especially for Indonesia which is the largest producer of CPO.

The palm oil market today is very promising because of its enormous potential in Indonesia, the growth of new oil palm plantations in Indonesia from 2001 to 2009 average around 372,000 ha/year or increased by 7%/year.

Indonesia and Malaysia have mastered 85% of the world’s CPO products, since 2007 Indonesia has been the world’s largest CPO producer at 46%. With the growth rate of oil palm plantations that are large enough that Indonesia has the opportunity to control the world CPO market, Indonesia has the opportunity to become a reference of CPO prices around the world.

The palm oil market today is very promising because of its enormous potential in Indonesia, the growth of new oil palm plantations in Indonesia from 2001 to 2009 average around 372,000 ha/year or increased by 7%/year. Given the breadth of Indonesian territory in the island of Sumatra, Kalimantan, Sulawesi and Papua, Indonesia has the opportunity to master the production of CPO.

Indonesia and Malaysia currently possess 85% of the world’s CPO products, since 2007 Indonesia has become the largest CPO producer in the world by 46%. With a substantial growth rate of oil palm plantations, Indonesia has the opportunity to master the World CPO products, so that the CPO price formed in the futures exchange in Indonesia can be a reference to the CPO price worldwide.