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Small Indonesian palm oil planters already hit by new export ban | Hellenic Shipping News Worldwide

Small palm oil planters in Indonesia have enjoyed big paycheques in the past year as global vegetable oil prices surged, but these farmers fear they will bear the brunt of the pain from a new export ban coming into effect on Thursday. From April 28, the world’s top palm oil producer will ban exports of .

Indonesia suspends all exports of palm oil

The global economy will expand more slowly than predicted three months ago, according to a Reuters poll of over 500 economists, who said higher commodity prices and an escalation i.

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