date:Nov 28, 2018
palm oil programmes, such as replanting.
Sinaga said many offshore vegetable oil refiners have in any case shut their plants in recent years, and the removal of the levy was unlikely to relieve either a build-up of palm fruit stocks at the farm level or a drop in prices.
However, Mukti Sardjono, executive director of Indonesia Palm Association (GAPKI), said on Tuesday the temporary removal of levies would improve Indonesian palm export competitiveness.
Indonesia competes with Malaysia for a s