Note! Malaysia will no longer regulate the price of Indonesian palm oil starting June 2023
Jakarta – Indonesia plans to establish its own reference price for oil palm raw (crude palm oil/CPO). Trade Minister Zulkifli Hasan alias Zulhas ordered the Commodity Futures Trading Supervisory Body (Bappebti) to immediately establish the oil palm exchange. Zulhas explained that the plan was pushed because Indonesia is the largest producer of CPO in the … Read more