Astra Agro's palm oil output rises

Wed, 25 May 2005 | Source: AP

JAKARTA: PT Astra Agro Lestari, Indonesia's largest publicly traded plantation company, said palm oil output increased 9.3 percent in the four months ending on April 30 from the same period in the previous year.

Production of crude palm oil rose to 268,885 metric tons from 246,004 tons, Astra Agro said on its website.

Palm oil is processed into cooking oil and turned into chemicals used in detergent, soap and shampoo. It competes with soybean oil on the world vegetable oil market. -- Bloomberg

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