Indonesia Policy Uncertainty Hampers Resumption of Palm Oil Exports
Senin, 23 Mei 2022 | 15:22 WIB
KONTAN.CO.ID - JAKARTA. Indonesia allowed a resumption of palm oil exports from Monday after a three-week ban. But shipments were not expected to get underway until details emerge on new rules aimed at securing domestic supplies of the edible oil.
The Southeast Asian country, the world's biggest palm oil producer, halted exports of palm oil from April 28 in an attempt to bring down soaring local prices of cooking oil, rattling global edible oil markets already struggling with sunflower oil supply shortages due to the war in Ukraine.
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