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Indonesia has significantly raised its maximum palm oil export levy, a new government regulation showed on Friday, part of efforts to control domestic cooking oil prices after previous measures ...
Indonesia, the world's largest palm oil producer, plans to revise its palm oil export levy rules to allow higher collection when prices increase, a senior cabinet minister told Reuters, as part of ...
The country is the biggest exporter of palm oil - used in everything from margarine to shampoo - accounting for about 60% of world supply. Explainer-Indonesia's stop-start controls on palm oil exports
Lawmakers agrees to save Garuda Indonesia from bankruptcy and backs capital top-up. [58] Government bans palm oil export, potentially aggravating the ongoing global food inflation. [59] 27 April – Outbreaks of acute hepatitis of unknown etiology are reported across Indonesia. At least 3 children have died from the disease. [60]
The Council of Palm Oil Producing Countries (CPOPC) is an intergovernmental organization founded by Indonesia and Malaysia to collectively promote the global use of palm oil. Together, the two countries produce the majority of the world's palm oil, a product that has come under pressure due to environmental concerns.
Top exporter Indonesia said on Monday it will temporarily remove a levy on palm oil after a sharp drop in prices which has hit farmers. Indonesia collects levies from palm exporters to help ...
The remains of a peat forest in Indragiri Hulu, Riau Province, Indonesia to make way for oil palm plantation.. Production of palm oil in Indonesia has, since 1964, recorded a phenomenal increase from 157,000 metric tons (155,000 long tons; 173,000 short tons) to 41.5 million metric tons (40,800,000 long tons; 45,700,000 short tons) in 2018 [7] and a total of 51 million metric tons (50,000,000 ...
Indonesia will effectively ban palm oil exports from April 28, until further notice, after President Joko Widodo on Friday announced a halting of shipments of cooking oil and its raw material to ...