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Indonesia to Retain Domestic Palm Oil Sales Rules

Senin, 01 Agustus 2022 | 14:59 WIB
Indonesia to Retain Domestic Palm Oil Sales Rules

ILUSTRASI. Indonesia will keep a domestic sales requirement for palm oil in place to ensure cooking oil prices remain affordable at home. ANTARA FOTO/Budi Candra Setya/pras.

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - JAKARTA. Indonesia will keep a domestic sales requirement for palm oil in place to ensure cooking oil prices remain affordable at home, a senior government official told Reuters on Monday. Noting that a quota for export shipments would be relaxed further.

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

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