Indonesia to Suspend Exports of Palm Oil to Tackle Domestic Shortage

Indonesia to Suspend Exports of Palm Oil to Tackle Domestic Shortage
Indonesian President Joko Widodo and Australian Prime Minister Scott Morrison (not shown) give a joint statement at Parliament House in Canberra, Australia, on Feb. 10, 2020. Rick Rycroft - Pool/Getty Images
Aldgra Fredly
Updated:

Indonesia will ban the export of cooking oil and its raw materials from April 28 to tackle domestic shortages and control surging cooking oil costs, President Joko Widodo said Friday.

“I will monitor and evaluate the implementation of this policy so [that] availability of cooking oil in the domestic market becomes abundant and affordable,” the president said in a video broadcast, local media Tempo.co reported.
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