Crude Palm Oil Export Quota Restrictions
At the end of this month, palm oil companies must accept a new policy which is quite shocking for the Indonesian trade world. Because on May 1, 2023, the Indonesian Ministry of Trade issued a regulation limiting Crude Palm Oil export quotas. This rule regulates the Domestic Price Obligation (DMO) policy for CPO palm oil to be 1:4, smaller than the previous 1:6. With this regulation, the export volume of Crude Palm Oil is only four times the supply to […]