JAKARTA, Indonesia —
In a last-minute reversal late Wednesday, they clarified the embargo would include all exports of the oilseed and not only products intended for edible oils, as indicated a day earlier. “As the world’s largest palm oil producer, it is ironic that we are having difficulties getting cooking oil,” he said.
Jakarta plans to resume exports when the price of bulk cooking oil in local markets has fallen to 14,000 rupiah per litre, having rocketed 70 percent in recent weeks to 26,000 rupiah .
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