Indonesia Sticking With Domestic Palm Oil Sales Rules
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.
