Economy

Indonesia to lift palm oil export ban on May 23

Three-week restriction ended after farmers' outcries, rupiah fall

20220519 Indonesia palm main

Indonesia's ban on palm oil exports in late April triggered protests by farmers and cut off supplies to the rest of the world.  © Reuters

ERWIDA MAULIA, Nikkei staff writer
May 19, 2022 21:18 JST

JAKARTA -- President Joko Widodo has announced that Indonesia will lift its three-week-old ban on palm oil exports from Monday following protests by local farmers and the threat to export earnings.

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