Erratic policies exacerbate uncertainty in palm oil industry: Jakarta Post contributor

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

México Noticias Noticias

México Últimas Noticias,México Titulares

JAKARTA - The recent pronouncement by the Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan that all palm oil companies in the country are to be audited confirms assumptions that

the government has no complete database on the upstream and downstream palm oil industry.

The move came on the back of a series of marketing-intervention measures between January and this month to stabilise the retail price of cooking oil after the prices of palm oil skyrocketed due to the massive disruption in the global supply of edible oils, a combined result of poor harvests and the Russian invasion of Ukraine.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 4. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Malaysia's palm oil giant FGV swings to profit in Q1 earningsKUALA LUMPUR : Malaysian palm oil planter FGV Holdings reported on Tuesday it swung to a profit in the first quarter, helped by higher crude palm oil prices and improved sales volume. Net profit during the January-March period rose to 369.2 million ringgit, compared to a loss of 35.4 million ringgit ($8.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

Indonesia has issued 160 palm oil export permits for 18 companies - officialJAKARTA : The world's top palm oil producer, Indonesia, has issued 160 palm oil export permits for 18 companies as of June 2, Oke Nurwan, a senior trade ministry official said on Thursday.Permits issued so far have covered 179,464 tonnes of shipments, mostly for refined, bleached and deodorised (RBD) palm
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »