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Indonesia Sticking With Domestic Palm Oil Sales Rules

Senin, 01 Agustus 2022 | 18:28 WIB
Indonesia Sticking With Domestic Palm Oil Sales Rules

ILUSTRASI. Indonesia will retain its domestic sales requirement for palm oil to keep local cooking oil prices affordable?. ANTARA FOTO/Syifa Yulinnas/rwa.

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - JAKARTA. Indonesia will retain its domestic sales requirement for palm oil to keep local cooking oil prices affordable, a senior official told Reuters on Monday. Noting that a quota for export shipments would be relaxed further.

Palm oil industry participants have sought the removal of the so-called Domestic Market Requirement (DMO) under which exporters must sell a portion of production locally before being granted export permits.

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