Indonesia Export Ban

Explore Business Standard

Indonesian edible oils businessmen and traders on Friday made renewed calls on the government to lift the ban on palm oil exports on schedule to avoid cooking oil shortages. Nafis Daulay, head of the Association of Edible Oils Industries (AIMMI),says, We have asked the government to lift the ban as scheduled on April 1. Indonesia banned the export of crude palm oil (CPO) and its by-products between January and March in a bid to boost supplies and reduce prices of cooking oil. (Reuters)
First Published: Feb 07 1998 | 12:00 AM IST