Trade and markets
 

Detail

Area
Indonesia
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
18/09/2018
Policy Category
Other
Policy Instrument
Foreign agricultural investment
Description
Supported initiatives to establish overseas palm oil processing facilities that would source crude palm oil primarily from Indonesia, complementing past efforts to raise demand for locally produced palm oil.
Notes
Complementing efforts to raise domestic demand for palm oil (notably for biodiesel production), the Indonesian Government is supporting initiatives to establish palm oil processing facilities overseas. According to the media, joint ventures to set up refineries – that would source crude palm oil primarily from Indonesia – in Pakistan (for food-grade oil production) and in the United States and Europe (for aviation fuel production) have been promoted.