Recriminations fly as Indonesia resumes palm oil exports


JAKARTA, May 21 (Reuters): Long lines of trucks trying to unload palm fruit formed outside Indonesian processing mills this week, illustrating the growing cost of a palm oil export ban by the world's biggest producer.

The trucks were stuck for days as storage space for palm oil neared capacity and, with local crop prices slumping by 70%, farmers took to the streets to demand a policy change.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Indonesia , Palm Oil , Exports , Ban , Lifted

   

Next In Aseanplus News

Philippines sides with Vietnam in South China Sea dispute, hoping it will ‘return the favour’
Indonesia issues urgent warning on rising human trafficking amid online scam concerns
Indonesian actor Baim Wong files for divorce after wife's alleged affair with best friend
Chinese engineers killed in Pakistan worked for a power plant: Minister
Sharing of trade, logistics data will help South Korea, Singapore boost supply chain resilience: President Yoon
Asean holds summit in Laos as Thailand floats new plan for Myanmar crisis
Sea turtle spotted in Vietnam's Nha Trang Bay for first time in years
China fitness KOL warned of explosion risk by using helium balloon to lighten load on hikes, bemuses netizens
PDI-P supports Prabowo’s plan of having more professionals as ministers
More direct Indian flights tipped to boost Cambodia tourism sector

Others Also Read