Indonesia slaps ban on palm oil exports

Jokowi announces restriction after recent arrests and amid continuing high prices

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

ERWIDA MAULIA, Nikkei staff writer

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.

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