How Indonesia's policy stumbles over palm oil have unfolded


  • World
  • Friday, 29 Apr 2022

FILE PHOTO Workers load palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru Riau province Indonesia April 27 2022. REUTERSWilly KurniawanFile Photo

FILE PHOTO: Workers load palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. REUTERS/Willy Kurniawan/File Photo

JAKARTA (Reuters) - When Indonesian cooking oil prices started climbing in November, authorities faced pressure to contain the cost of the household necessity made from palm oil and used by most people in the world's fourth most populous country.

But the months of rapid-fire government policies that followed, including twice halting exports of palm oil, have at times both stunned and confounded global edible oil markets.

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