Indonesia to Allocate About 1 Million Tonnes of Palm Oil for Export
KONTAN.CO.ID - JAKARTA. Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have been registered for the government's bulk cooking oil programme. A senior trade ministry official said on Friday.
Indonesia, the world's biggest palm oil producer, allowed shipments to restart from May 23 after a three-week export ban designed to control cooking oil prices at home, but companies have been awaiting technical rules before resuming.
