ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Indonesian palm oil farmers see a bleak future

Russia was large source of fertilizer; now prices are skyrocketing

Following an export ban on their harvests, palm oil farmers in Indonesia are now threatened by a lack of fertilizer.   © Sipa via AP Images

MEDAN, Indonesia -- The past few months have been challenging for palm oil farmer Albertus Wawan.

The owner of a 5-hectare plantation in Sekadau Regency, West Kalimantan, this year was first hit by Indonesia's palm oil export ban. In April the government announced it would attempt to curb rising cooking oil prices by keeping the raw material to itself.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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