Indonesia expects to lift a ban on palm oil exports By the end of this May

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jiraporn66
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Indonesia expects to lift a ban on palm oil exports By the end of this May

Messagepar jiraporn66 » ven. 29 avr. 2022 09:41

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Indonesia palm oil boardสมัครสมาชิกสล็อตexpected The Free spins are considered as a form of bonus in slots games. Which is a helper that is designed to make it easier for players to profit from playing. as a return of a reward but in the form of Spinning the wheel of online slot games where the players do not have to bet a single baht Most of the terms are defined as special symbols. If we have rotated to meet with this symbol will get free spins without spending money which this free spins bonus It is what attracts many gamblers to join in the fun of SLOTXO games because they can make double the money. government may lift a ban on palm oil exports for consumption by the end of May if domestic prices come down.

On April 29, 2022, Reuters reported that After Indonesia, the world's largest exporter of palm oil for cooking. The ban on the export of palm oil for consumption has been in effect since April 22. to support the price from the shortage of oil for domestic consumption As a result, the market, especially consumer products, has been daunted.


Because palm oil is an important component of the food industry. including household use Such concerns made on 25 April the past. Palm oil futures contract at Malaysia's Kuala Lumpur exchange July delivery rose 6 percent to 6,738 ringgit ($1,550) a tonne, the highest level since March 11.

Most recently, Zahat Sinaga, a senior officer of the Indonesian National Palm Oil Board. disclosed to Reuters Assessed that the government of Jakarta Tighter restrictions on exports may be relaxed by the end of May, or about three weeks after the end of the Muslim fasting season. It is believed that more new palm production will be available in the market and the demand for palm oil in the country has begun to decline.


“Indonesia will be able to tackle a shortage of cooking oil in the coming weeks. and lift the ban on palm oil exports and refined products in May.” It will be able to achieve the palm oil export target of 34 million tonnes by the end of 2022 due to higher demand for palm oil in the world market.


In line with Veri Anggrijono, a top official at the Indonesian Ministry of Commerce, "we all hope that this can be resolved as soon as possible." Indonesian Ministry of Commerce The export ban will be reviewed every month. or as often as necessary to maintain the stability of palm oil prices in the country before easing the export ban

Air Lanka Hartarto, Indonesia's Coordinating Minister for Economic Affairs, said the embargo could be lifted. When domestic cooking oil prices dropped to 14,000 rupiah ($0.97) a liter, the price of palm oil for consumption in Jakarta on Thursday stood between 19,000 and 20,000 rupees. piah per liter

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