Permit ban by Indonesia will worsen CPO supply, food may become expensive

Chandran: ‘Even without the moratorium, we are already headed towards a supply shortage due to weather phenomenon like El Nino.’

PETALING JAYA: A ban by Indonesia on new permits for palm oil companies will further fuel an impending shortage in supply of the commodity.

The proposed moratorium is part of the country’s efforts to reduce the industry’s impact on the environment.