Malaysian benchmark palm oil prices has dropped by 18% so far this month.
JAKARTA: Indonesia is considering cutting its palm oil export levy to encourage more shipments, a cabinet minister said on Thursday, another move to spur exports after a ban designed to protect domestic cooking oil supplies saw palm oil inventories swell.
The world's biggest producer of the edible oil has unrolled a series of policies aimed at stimulating exports after a three-week ban on shipments that ended in late May triggered disruption at home and abroad.
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