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The Indonesian Navy has seized a tanker that was carrying palm oil out of the country in contravention of an export ban, a spokesman said on Saturday. Indonesia, the world’s largest producer of palm oil, prohibited its export last week to rein in skyrocketing domestic prices and shortages. An Indonesian warship on Wednesday intercepted the Singapore-flagged MV Mathu Bhum, which was carrying 34 containers of palm olein, as it headed for Malaysia, navy spokesman Agung Prasetiawan said in a statement. Indonesia produces about 60 percent of the world’s palm oil, which is used in a range of products such as cosmetics and chocolate

Jakarta rayaAgung prasetiawanMathu bhumAgriculture organisationIndonesian navyThe taipei times