Indonesia’s agriculture ministry said on Monday that crude palm oil shipments would be excluded from a planned palm oil export ban, according to a copy of an official letter sent to local government leaders. The letter, which was verified by a ministry official, said the ban would however include refined, bleached and deodorized (RBD) palm .
Palm Oil Advances as Market Prepares for Indonesia Export Ban bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.
Food protection is increasing all around the world amid record inflation, persistent supply chain failures and growing food shortages. The latest country to make changes is Indonesia, which will [.]
JAKARTA (Bloomberg): Indonesia, the world’s biggest palm oil producer, will ban all exports of cooking oil and its raw materials amid a local shortage.