Indonesia's Palm Oil DMO Rule Changes Will Not Affect Export Ratio, Official Says

August 01, 2024, 06.32 PM
Source: ReutersEditor: Herlina Kartika Dewi

PALM OIL - JAKARTA. Indonesia's plan to revise domestic market obligation (DMO) rules for palm oil will not affect the DMO export ratio, a senior trade ministry official said on Thursday.

Indonesia, the world's biggest palm oil exporter, obliges producers to sell a portion of their output to the local market at a capped price in order to gain export permits.

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