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A Sad Story of Palm Oil Extreme Measures

Monday, April 25, 2022

The Indonesian government plans to ban the export of crude palm oil (CPO) starting on April 28. This policy could bring some serious consequences.

arsip tempo : 171412002320.

A Sad Story of Palm Oil Extreme Measures. tempo : 171412002320.

THE Indonesian government is once again jolting the global markets. Having failed to subdue the domestic crisis of cooking oil price hikes and supply scarcity, the government has turned its policy to the extreme. As of April 28, the government bans crude palm oil (CPO) export and its related products. This abrupt policy change definitely will bring some serious consequences to the Indonesian economy.

For one, an export prohibition will eat a

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