web stats analysis

Palm Oil (CPO) News - Indonesian to uplift Palm Oil Ban from 23 May Onwards
logo
Download Our Android App From Google Play Store

Indonesian to uplift Palm Oil Ban from 23 May Onwards

Indonesian farmers protested to uplift palm oil export ban as their income slashed amid low byuing from mills. According to Indonesia smallholder farmers' group APAKSINDO, 25% mills have stopped procuring palm fruits from farmers due to lack of storage capacity. Farmers are in dilemma, whether to harvest fruits to render damage due to low shelf life or to leave it on trees, which will harm palm trees.

Pressure of farmers' protest led the Indonesian Government to uplift ban of palm oil export even before the prices hit the 14,000 Rupiah level. President Jokowi, announced to uplift the palm oil export ban from 23rd of May onwards.