Indonesia exempts nickel pig iron from export mandate
Indonesia will exclude nickel pig iron and palm oil derivatives from its new centralised export policy. Crude palm oil and coal products remain under the mandate.
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Indonesia will exempt nickel pig iron and palm oil derivatives from its new centralized export mandate starting June 1. The policy requires coal, palm oil, and ferroalloys to move through a state-owned entity. Investors in ISHARES MSCI INDONESIA ETF are tracking the impact on exports totaling $40 billion across multiple exports.
