Indonesia, the world's largest palm oil producer, bans exports

Indonesia, the world's biggest palm-oil exporter, is facing a shortage of cooking oil — and it's going to affect the price of everything from cheese to candy bars

"As the world's biggest producer of palm oil, it is ironic that we are experiencing a shortage of cooking oil," said Indonesian President Joko Widodo.

Rising food prices: Indonesia stops palm oil exports

The world's largest palm oil producer, Indonesia, wants to secure the food supply of its population. In the EU, vegetable fat is added to fuel.

Indonesia, the world's largest palm oil producer, bans exports

Indonesia began imposing a complete ban on palm oil exports Thursday, as the world's largest producer of the commodity risked destabilising a global vegetable oil market already hitting peak prices.

World’s biggest palm oil producer introduces surprise ban on exports

The ban comes after shortages have hit consumers already suffering from rising food and fuel costs.

Indonesia bans palm oil exports, worsening global shortage of cooking oil, soap – Sunrise

Indonesia, the world’s largest producer of Palm oil on April 28, 2022 slammed shut its doors to exports of the vegetable oil product that is used in the production of a wide range of essential products such as cooking oil, soap shampoo and other cleaning items.Indonesia’s President Joko Widodo, in a televised address on Friday, justified the ban as necessary to ensure the availability of food products at home amid soaring inflation worldwide.Pre…

Export stop of palm oil from Indonesia: good for the environment?

As of today, Indonesia will stop exporting crude palm oil. Due to the war in Ukraine, sunflower oil and palm oil were becoming increasingly expensive and as a result Indonesians could no longer afford oil to cook in themselves. That should improve by keeping all palm oil for the Indonesians themselves. Wouter Kolk, campaign manager of the Environment Defence, explains in De Nieuws BV whether this is a good development.