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palm oil

palm oil
Indonesia has received its first requests for palm oil export permits following the lifting of a ban a week ago, some of which could be granted on Monday. ANTARA FOTO/Budi Candra Setya/pras.

KONTAN.CO.ID - JAKARTA. Indonesia has received its first requests for palm oil export permits following the lifting of a ban a week ago, some of which could be granted on Monday. A senior official said, signaling a calibrated resumption of shipments amid protracted delays.

Though Indonesia, the world's top palm oil producer, has officially allowed exports to restart after a three-week halt, companies are facing regulatory hurdles that are slowing the process of getting their shipments out.

"As of this morning there were five to six companies that had submitted a request and the system would immediately process them. We hope the permits can be issued today," Veri Anggriono, a senior trade ministry official said.

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