Indonesia ends palm oil export ban, but other country export bans remain; African Development Bank to provide $1.5 billion facility to Africa; ICARDA to develop crops to resist drought and salinity; Hershey’s opens R&D centre in Malaysia; UK’s Co-op supermarkets to stock Zinda Foods.
Indonesia ends palm oil export ban, but other country export bans remain
Indonesia overturned its three week ban on palm oil exports on Monday, reported the EconoTimes. “Based on the current supply and price of cooking oil and considering that there are 17 million workers in the palm oil industry, both working farmers and other supporting staff, I have decided that the export of cooking oil will reopen,” the Associated Press quoted President Jokowi as saying on Friday. The initial ban, in late April, was to try to prevent domestic cooking oil prices from rising.
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