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Palm oil exports for 2021/22 are revised down to 25.5 million metric tons (MMT) on restrictive export policies and weaker global demand. The soybean subsidy program launched in April 2022 unexpectedly caused several importers to slowdown purchases. Feed mill demand for soybean meal continues to drive imports from South American origins.
Indonesian sugarcane production in marketing year (MY) 2015/16 is estimated to decline to 27.0 million metric tons (MMT) due to El Nino related weather conditions.
Post expects marketing year (MY) 2015/16 Indonesian wheat imports to increase by 1.6 percent to 7.6 million metric tons (MMT), compared to 7.478 MMT in MY 2014/15.
Indonesia’s Drug and Food Control Agency (BPOM) has notified draft regulation SPS/108 “Requirements for Commercial Sterile Foods.” Comments will be accepted until April 9, 2016.
Indonesia’s Ministry of Trade has updated its regulation on import licensing for animals and animal products.