Indonesia to tighten palm oil exports from Jan. 1 to ensure supply

Exporters to be allowed to ship six times their domestic sales volume

20221230 Indonesia Palmoil

Workers load fresh bunches of palm oil fruits for transportation to a factory. © Reuters

JAKARTA (Reuters) -- Indonesia will tighten export rules for palm oil from Jan. 1 by allowing less to be shipped overseas for every tonne sold domestically, in a move aimed at ensuring there is sufficient domestic supply, a government official said on Friday.

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