Indonesia to suspend some palm oil export permits - senior official

Reuters

06 February, 2023, 12:35 pm

Last modified: 06 February, 2023, 12:38 pm

Indonesia to suspend some palm oil export permits - senior official

Reuters

06 February, 2023, 12:35 pm

Last modified: 06 February, 2023, 12:38 pm

People shop for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan/Files

People shop for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan/Files

Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account.

He said, "exporters can use those export rights after the situation has calmed."

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