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Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world's biggest producer of the key edible oil reversed a ban on its export.
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 ...
Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, its chief economic minister said on Wednesday, leaving markets in shock over ...
Oil palm and rubber production schemes in Malaysia are no NES schemes, strictly speaking. Nevertheless they show similarities. These are managed smallholder schemes and joint-venture schemes. FELDA, the Malaysian Federal Land Development Authority, implemented settlements with managed smallholders. These do not have a nucleus but are strictly ...
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 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 ...
The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed down 77 ringgit, or 1.1%, at 6,910 ringgit ($1,584.86) a tonne, hovering near a seven-week high ...
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.