ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Indonesia slaps ban on palm oil exports

Jokowi announces restriction after recent arrests and amid continuing high prices

A worker handles palm oil fruits at a palm oil plantation. Palm oil prices skyrocketed after Russia's invasion of Ukraine.    © Antara Foto/Reuters

JAKARTA -- Indonesia, the world's largest producer of palm oil, on Friday announced an export ban of the commodity amid a continuing cooking oil crisis in the country.

Indonesian President Joko "Jokowi" Widodo said the ban on shipments of "raw materials for cooking oil and cooking oil" will take effect next Thursday for an indefinite period.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more