Indonesia's trade ministry plans to amend rules on palm oil domestic market obligations

On July 29, according to foreign media reports, Bambang Wisnubroto, an Indonesian trade ministry official, said on Monday that it plans to revise the domestic market obligation rules for palm oil, which may change the prices and types of some products sold in the local market. Indonesia currently requires palm oil producers to sell a portion of their production to the domestic market at a set price in order to obtain an export license. Bambang did not provide further details, < b > but said the ministry aims to release a revised version of the rules this week.