Indonesia to centralize palm oil exports via state agency
Indonesia will require palm oil exports to go through a state agency to boost revenue. This move raises fresh concerns over potential global supply disruption.
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Indonesia will centralize palm oil, coal, and ferroalloy exports through a state agency to tighten control over more than 50% of global supply. President Prabowo Subianto announced the mandate to boost state revenue and natural resource oversight. The move risks disrupting global edible oil flows and shifting market share to Malaysia.
