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Indonesian farmers protest against rising cost of palm oil export ban

Indonesian farmers protest against rising cost of palm oil export ban

  • Indonesia imposed the export ban on palm oil and some of its derivatives used in the making of cooking oil after a series of policies failed to control prices
  • A farmer’s group said since the announcement of the export ban the price of palm fruit had dropped 70 per cent below the floor price set by regional authorities

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Reuters

Updated: 4:11pm, 17 May, 2022

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