But at the end of May, the price of bulk cooking oil, the most affordable in the country, still hovered at about 18,300 rupiah per litre on average, above the government's target of 14,000 rupiah, according to official data.
Third month palm oil futures on the Malaysian derivatives exchange rose as much as 4% during afternoon trade May 20 after Indonesia announced that a resumption of exports from the country will be accompanied by domestic market obligations forits palm oil producers. The August crude palm oil contract on the Bursa Malaysia Derivatives exchange was .
JAKARTA, May 17 Hundreds of Indonesian smallholder farmers today staged a protest in the capital Jakarta and in other parts of the world’s fourth most populous country, demanding the government end a palm oil export ban that has slashed their income. Indonesia, the world’s top palm oil.
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