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Indonesia, the world’s largest palm oil producer and exporter, will lift a late April ban on the exports of palm oil products from May 23, President Joko Widodo said in a live broadcast, May 19. “The national demand for cooking oil is 194,000 mt per month and in March before the export ban was imposed ...

Malaysia’s palm oil inventories are expected to rise to 1.61 million mt at end-April, up 9.3% from a month before due to lower exports and better production, a S&P Global Commodity Insights survey showed May 9. April exports by the world’s second largest palm oil producer and exporters are likely to be around 1.15 million ...