Indonesia to allocate around one million tonnes of palm oil for export

A farmer harvests oil palm fruit at a plantation in Kuta Makmur, Aceh province on May 23. - AFP

JAKARTA, May 28 (Reuters): Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have been registered for the government's bulk cooking oil programme, a senior trade ministry official has announced,

Indonesia, the world's biggest palm oil producer, allowed shipments to restart from May 23 after a three-week export ban designed to control cooking oil prices at home, but companies have been awaiting technical rules before resuming.