Indonesia trade ministry drafts plan to limit palm oil exports – GAPKI official
Indonesia Trade Ministry is drafting a plan to limit palm oil exports amid efforts to control domestic cooking oil prices, Togar Sitanggang, an official of the palm oil association GAPKI told a parliamentary hearing on Wednesday.
Trade Ministry official Indrasari Wisnu Wardhana, responding to the remarks, in a text message to Reuters denied there was such plan.
The GAPKI comment came amid calls by lawmakers at the hearing for palm oil producers to meet domestic demand first before exporting.
Read also
Competition in Morocco’s wheat market from France is intensifying
FAO forecasts record global food imports in 2025
Indonesia forecasts 9% growth in corn production in 2025
Ukraine. Current sunseed supply enough to cover only 6 months of crushing season
India summarizes its vegetable oil imports for the MY 2024/25
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon