Indonesia Traders Association Supports CPO Export Ban

Chairperson of the All-Indonesia Market Traders Association (APPSI) Sudaryono commended and supported President Joko Widodo’s policy of crude palm oil and cooking oil export ban, reports the Antara news, Jakarta on April 29.  In a statement, Sudaryono praised the President for the policy on the export ban, adding, “We strongly agree with the president that the public’s basic needs are the main and important aspects.”   He found it ironic a large palm oil producing country in the world actually experiencing shortage of cooking oil.

Trade Minister Muhammad Lutfi confirmed that the ban on exports of crude palm oil; refined, bleached and deodorized palm oil; refined, bleached and deodorized palm olein; and used cooking oil was aimed at meeting the public needs. He explained that the decision was made after taking into account the day-to-day developments, in terms of the availability of bulk cooking oil for the public.