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- (-) February 2023
- (-) October 2015
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On February 6, the Government of Indonesia (GOI) announced it would suspend two-thirds of palm oil exports in order to shore up domestic cooking oil supplies ahead of Ramadan and Eid festivities.
Indonesia 2022/23 palm oil consumption is expected to rise to 19.4 million metric tons (MMT) on increased use for biodiesel production, as the Government of Indonesia (GOI) rolls out higher blending rates for its 2023 mandatory biodiesel blending program.
Despite an extended El Nino event, Indonesian rice and corn production did not experience significant declines.
The Indonesian Ministry of Trade (MOT) issued regulation 71/2015, updating Indonesia’s import rules on horticultural products.