date:Dec 17, 2018
upply glut, however, is easing in top producer Indonesia.
Output is declining seasonally while shipments have picked up after the government eased export levy rules on palm products last week.
Indonesia had supply chain disruptions in July due to an extended public holiday, and mills had suspended production in September when storage tanks were full.
Things are better now in terms of congestion at refineries and ports. The tariff removal has helped Production has begun to taper off too, said