Indonesia to host int'l palm oil conference

JAKARTA, Jan. 28 (Chinese media) -- Indonesia, the world's largest palm oil producer, is to hold international palm oil conference here on May 27 to 29, the committee of the conference said on Wednesday.

Over 1,000 producers, the government officials in charge on palmoil industry and others stakeholders from several countries will share their experiences, opinions and ideas in dealing with the productivity and market shares of the commodity, said a member of the committee Witjaksana Darmosarkoro.

"This is a forum for sharing," he told reporters here.

Scores of international experts of the commodity will also present at the conference, said Darmosarkoro.

Besides, the forum will also discuss the current issues faced by the industry of the commodity and the projection of the future of the business.

The producers of palm oil had enjoyed raising demand and pricesof crude palm oil before the global financial rout started in September last year, but then the global recession sapped demand and prices of the commodity. Indonesia is heavily rely on its overseas sales.