JAKARTA : Indonesia will impose a domestic market sales requirement for palm oil to ensure the supply of cooking oil is secured at home after the removal of a palm oil export ban on Monday, the country’s chief economics minister Airlangga Hartarto said.
The government aims to maintain a domestic supply of 10 million tonnes of cooking oil by setting a so-called domestic market obligation, Airlangga told a briefing on Friday. The minister said the trade ministry would determine the portion of domestic sales that must be supplied by producers.
