JAKARTA, June 25 (Reuters): Indonesian farmers want authorities to scrap a requirement for exporters to sell a portion of their palm oil domestically, a move that should boost shipments and mean mills pay more for fresh fruit bunches (FFBs), a farming official said.
Indonesia, the world's biggest exporter of palm oil, shocked global edible oil markets by banning palm oil shipments for three weeks to May 23 in an attempt to cool domestic cooking oil prices.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!