Oil palm fruit (Pixabay) Published Apr 25, 2023 9:06 PM by The Maritime Executive On Friday, the government of Indonesia announced that it has decided to ban all exports of palm oil in order to ensure enough supply on the domestic market. The restriction doubles down on an earlier measure enacted in February, which required local producers to set aside 20 percent of their expected exports for domestic consumption. On Monday, Indonesian officials backed down slightly and clarified that they would only halt exports of a highly-refined palm oil product, RBD palm olein.
Indonesia Bans Exports of Refined Palm Oil
