EXPLAINER-Indonesia's stop-start controls on palm oil exports


Indonesia's frequent export policy changes have unnerved the edible oil markets and heightened concerns about global food prices. (file pic show a palm oil Indonesian vendor)

Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how rapidly shipments will resume given accompanying rules aimed at securing domestic supply.

Indonesia's frequent export policy changes have unnerved the edible oil markets and heightened concerns about global food prices.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Indonesia , palm oil , explainer , President Jokowi

Next In Business

Malaysian glove maker WRP to shut down over Iran war shocks
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job

Others Also Read