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.