Cooking oil prices to fall with Indonesia set to lift export ban - Business News: Latest News & Videos about market and economy | Trendmergers

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Cooking oil prices to fall with Indonesia set to lift export ban

The lifting of the export ban will help increase availability of edible oil. Indonesia produces 46 million tonnes of palm oil a year. It consumes 9 million tonnes of this as food and another 9 million tonnes in its biodiesel programme, and exports the remaining 28 million tonnes.

from Industry-Economic Times
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