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NORTH SUMATRA EARNS US$389 MLN FROM CRUDE PALM OIL EXPORTS.
MEDAN, May 1 Asia Pulse - North Sumatra province in the first quarter of 2007 earned US$389.546 million from exporting crude palm oil and by-products compared with US$307.387 million in the same period a year earlier.
Despite the rise in export value, the province's export of CPO and by-products fell in volume to 348,070 tons in the first three months of 2007 from 928,859 tons in the same period last year, spokesman of the North Sumatra industry and trade office Fitria Kurnia said on Monday.
She said the increase in export value was attributed to the rising sales prices on the global market.
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