Indonesia to Tighten Palm Oil Exports From January 1

From Al Jazeera and Reuters, Dec 30, 2022

Indonesia will tighten export rules for palm oil from January 1 by allowing fewer shipments overseas for every tonne sold domestically, in a move aimed at ensuring sufficient domestic supply.

Exporters will be allowed to ship six times their domestic sales volume, less than the current ratio of eight times, according to a new regulation reviewed by the Reuters news agency and confirmed by an industry official.

Read more at https://www.aljazeera.com/economy/2022/12/30/indonesia-to-tighten-palm-oil-exports-from-january-1