Page 19 - Export Ban News Today

Indonesia seizes tanker for violating palm oil export ban

The RBI on Wednesday raised its key lending rate by 40 basis points to 4.40 per cent with immediate effect. The central bank also hiked the cash reserve ratio by 50 basis points. The decision was taken by the monetary policy committee (MPC) in an off-cycle meeting with the central board held May 2-4.

Indonesia export ban traps 290,000 T of palm oil shipments for India

Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil

On facing shortage of domestic supplies of cooking oil and soaring prices, Indonesia has imposed a complete ban on palm oil exports on Thursday.    The ban has led to a huge crisis in the world as the country is the world's largest producer of the commodity, said media reports.    It may also lead to the destabilisation of global vegetable oil market, where the prices are already hitting peak.   The ban has also brought bad news for India, which is the world's biggest importer of ...

SINGAPORE -- Singapore reported 2,690 new cases of COVID-19 on Thursday, bringing the total tally to 1,193,250. Of the new cases, 268 cases were detected throug

The UK is imposing a ban on the export to Russia of technology and goods that may be used against Ukraine, the UK Department for International Trade (DIT) said

India's palm oil imports in May are set to rise above 600,000 tonnes despite the restriction imposed by Indonesia on exports

Solvent Extractors' Association has suggested immediate initiation of dialogue with Indonesia on the proposed palm oil export ban

Food firms on alert over Indonesias palm oil export ban