Indonesia mulls “limited” palm oil export controls amid surging cooking oil price

Capt. John

Indonesia is considering “limited restrictions” on palm oil exports and is also hiking cooking oil subsidies as part of attempts to contain surging domestic cooking oil prices and control inflation pressures, senior officials said. Authorities have been trying to bring down cooking oil prices, which have risen about 40per cent from a year earlier in …

The post Indonesia mulls “limited” palm oil export controls amid surging cooking oil price first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/indonesia-mulls-limited-palm-oil-export-controls-amid-surging-cooking-oil-price/

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