News Snapshot:
Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, among other products, its chief economic minister said on Wednesday (April 27), leaving markets in shock over the latest policy reversal. The announcement flipped the minister’s statement a day earlier, in which he had said the export ban would cover only refined, bleached, and deodorised palm olein. The change was “in line with the president’s decision and after taking into account the feedback and views from the people,” Airlangga Hartarto said in a short statement. President Joko Widodo said...
