higher in CPKO stock in international market from level of 408,000 tons to 435,000 tons. Because this period was a harvest season of palm fruit, palm production was higher compared to previous quarter
consumption, due to end of the harvest and travel season in the 4th quarter of every years. Further escalating the situation is the repercussions from the outbreak of COVID-19 late in this quarter, which
the industrial market was higher; due to the harvest season for the groups of agriculture customer approaches, as well as the traveling season kicking into gear. Combined with the fact that during this