JAKARTA: Indonesia has launched an export acceleration scheme aimed at shipping at least 1 million tonnes of crude palm oil and derivatives following a recent export ban, according to a Trade Ministry regulation made public on Thursday.
The regulation is effective immediately and the acceleration scheme applies until July 31.
If a larger shipment quota is required, the quota can exceed the 1 million limit, said the regulation, which was signed on June 7.
Indonesia, the world’s top palm oil producer, allowed exports to resume from May 23 following a…
