The peanut oil sector in Indonesia is booming all over the world. However, some companies are making headlines by using peanut oil like an export commodity, making them more influential than ever before.

 

 

In this section, we will feature one company that has made a significant contribution to local industry and global markets. This is MadeinIndonesia.com. It is one of the leading platforms for marketing peanut oil products in Indonesia globally.

 

The recent surge in peanut oil prices has sparked an upsurge in demand, which is causing the price to rise at an alarming rate. This increase in supply is causing other crops to decline, which is causing the price to decline. This supply-demand imbalance will only continue to worsen unless something changes.

 

Peanut oil value of production company: A good example is PT. Grasindo, one of Indonesia’s biggest peanut companies that produces and sells 40% of total edible oil produced in the country. This company has been an established player in the Indonesian market since 1970s and it currently exports 11 million tonnes per year (10% of total production). The level of its revenue is driven by higher than average growth rate since 1970s to 2015, when it reached $9 billion (revenue). It also provides employment to about 1.5 million people directly and indirectly across Indonesia who earn minimum wage ($30/month) ($28/month for female employees).

 

Indonesia's peanut oil export industry has grown rapidly in recent years. In 2015, the country's peanut oil exports totaled more than US$1 billion, a huge increase from a few years ago. Indonesia is one of the largest peanut producers in the world, but faces political instability and earthquakes that affect its economy.

 

With this article published, it will be known on which platform you can sell the peanut oil, and on which PT is the largest producer of peanut oil in Indonesia.