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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.

The poultry sector in Cote d’Ivoire is well established and contributes a substantial amount to the country’s agricultural GDP. Despite many challenges, such as Avian Influenza outbreaks and rising costs of feed and transport, the Ivoirian poultry industry has been able to overcome these challenges with great success.

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.