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