Indonesia Issues Export Permits For 310,000 T CPO - official

CPO - JAKARTA. Indonesia, the world's top palm oil shipper, has issued export permits for a combined 310,000 tonnes of crude palm oil and 18,178 tonnes of olein for six companies, Trade Ministry senior official Indrasari Wisnu Wardhana told Reuters on Monday.

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The permits are valid for six months but exporters can request for additional volume after providing proof of domestic sales.

Indonesia last month imposed a new rule requiring permits for palm oil exports and for companies to set aside 20% of planned export volumes for a mandatory domestic sale.