JAKARTA : Indonesia will tighten export rules for palm oil from Jan. 1 by allowing less shipments overseas for every tonne sold domestically, according to a new regulation reviewed by Reuters, which was confirmed by an industry official.Starting next year, exporters will be allowed to ship six times thei
JAKARTA : Indonesia will tighten export rules for palm oil from Jan. 1 by allowing less shipments overseas for every tonne sold domestically, according to a new regulation reviewed by Reuters, which was confirmed by an industry official.
Starting next year, exporters will be allowed to ship six times their domestic sales volume, smaller than the current ratio allowed of eight times, Indonesian Palm Oil Association Secretary General Eddy Martono said.
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