Malaysian Palm Oil Council Russia's Post

Indonesia Allows Exports of CPO, Palm Olein for Feb. Delivery
By Eko Listiyorini

(Bloomberg) -- Trade Ministry has issued permits for 6 companies to export a total of 310,000 tons of crude palm oil and 18,178 tons of palm olein, Indrasari Wisnu Wardhana, director general of foreign trade at the ministry, says in text message Monday.

Exporters can seek permits for subsequent shipments by submitting the realization of domestic market obligation and domestic price obligation

Several other companies have also submitted their export permit applications

*Govt has no plan to reduce the percentage of domestic market obligation for CPO and olein from currently 20%*
By: via Malaysian Palm Oil Council Russia