Indonesia’s U-turn on palm oil ban won’t severely affect CPO prices, says Zuraida | The Malaysian Insight

Plantation Industries and Commodities Minister Zuraida Kamaruddin says crude palm oil prices are likely to remain high as other vegetable oil exports are affected by the Russia-Ukraine war. – The Malaysian Insight file pic, May 22, 2022.

INDONESIA lifting the palm oil ban will not have a severe effect on crude palm oil prices, Zuraida Kamaruddin said today. The plantation industries and commodities minister said the ban was always meant to be temporary and that plantation firms and smallholders need not be too concerned about Indonesia’s move.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

U-turn. 😂😂😂

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Palm oil’s slump set to deepen after Indonesia lifts export banPalm oil has lost a major pillar of support after top producer Indonesia lifted a ban on exports, paving the way for prices to slump further as supply builds and demand languishes.
Source: staronline - 🏆 4. / 75 Read more »

Zuraida looking to halve palm oil export tax | The Malaysian InsightMinister says discussions ongoing with Ministry of Finance.
Source: msianinsight - 🏆 8. / 63 Read more »

RHB IB neutral on plantation sector as Indonesia to lift palm oil bangoogletag.cmd.push(function() {googletag.display('mm-story-320x100');}); KUALA LUMPUR, May 20 ― RHB Investment Bank Bhd (RHB IB) has maintained a “neutral” stance on the...
Source: malaymail - 🏆 1. / 86 Read more »

Indonesia batal larangan eksport minyak kelapa sawit tak beri kesan besar, kata Zuraida | The Malaysian InsightIndonesia batal larangan eksport minyak kelapa sawit tak beri kesan besar, kata Zuraida
Source: msianinsight - 🏆 8. / 63 Read more »