JAKARTA (Reuters) – Indonesia has increased the palm oil export quota to seven times the amount producers have sold domestically, up from five times previously, as part of efforts to reduce stocks, it said. said an official of the Ministry of Commerce on Tuesday.
The minister has issued until Monday export permits for a total of 2.4 million tons of palm oil products under its domestic market obligation program and its trade acceleration program. exports, said Veri Anggrijono.
(The article corrects the spelling of the official’s name to Anggrijono, not Anggijono).