date:May 24, 2022
DMO that must be met by each producer and the mechanism to produce and distribute cooking oil to the communities.
The ban was originally enforced to bolster Indonesias home stocks of palm oil amid fluctuating supply, at a cost to foreign buyers. Hartato explains that the ban had three-folded oil Indonesias reserves to 211,639 metric tons since its implementation, and lowered prices from 19,800 rupiahs (US$1.35) to 17,200 rupiahs (US$1.17).
President Joko Widodos initial target of ensuring pri