Indonesia and Malaysia move to secure palm oil exports amid talks of EU deforestation ban
date:Feb 14, 2023
times will be allowed.

Exporters can use their export rights after the situation has calmed, explains Binsar. The minister noted that the normalization of exports wouldnt happen until May.

Last time that Indonesia implemented export restrictions, vegetable oil prices initially boomed but instantly deflated and have continued decreasing since, with the countrys stocks rising to unseen levels, even preventing some fruit from being harvested.

Export bans [from April 28 to May 23, 2022] prevente
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