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May 24, 2022
Indonesia recently lifted its ban on palm oil exports as it caused a nosedive in domestic cooking oil prices. Indonesian President Joko Widodo announced the ban's lifting in a May 19 video [...]
May 22, 2022
Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world's biggest producer of the key edible oil reversed a ban on its export.
May 22, 2022
Prices of the commodity have hit all-time highs on exchanges in the US and Europe. But at Asia’s largest grain market in Khanna values went the other way.
May 22, 2022
Skyrocketing exports of the agricultural commodity may have led to scarcity and food price inflation, the Commerce and Industry Minister told Business Today TV.
May 21, 2022
Countries are increasingly imposing food export bans and its amping up prices worldwide. Experts say these prices won't die down any time soon.
May 20, 2022
THE abrupt lifting of Indonesia’s palm oil export ban starting this Monday will once again disrupt the commodity’s price movement in the global edible oil market.
May 19, 2022
Indonesia is expected to lift its palm oil export ban on Monday.
May 19, 2022
A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year low
May 19, 2022
A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year low
May 19, 2022
The decision to lift the ban was taken despite the price of bulk cooking oil having not yet reached the targeted 14,000 rupiah per litre price, , indonesia, palm oil, export ban