Higher production and sales volume compensated correction of crude palm oil (CPO) price in the third quarter of 2022. As a result, Indonesian planters reported decent profitability in the quarter. Astra Agro Lestari (AALI), one of the largest planters, for example, booked Rp407 billion net profit in the quarter alone, whilst lower than average profit in the first two quarters.To subscribe please click here
