Indonesia is the world's largest palm oil producer, contributing to 60% of the market supply. They recently banned exports of their palm oil in a move to control their domestic cooking oil prices. We discuss the factors contributing to Indonesia's decision, its effect on the global markets, and how Malaysia may stand to benefit.

Image source: Nazarizal Mohammad, Pexels

Produced by: Jeremy Ng, Sharmilla Ganesan

Presented by: Lee Chwi Lynn, Sharmilla Ganesan

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Categories:  markets

Tags:  evening edition,  palm oil,  indonesia,  ban,  edible oils,  exports,  cooking oil,  prices,  global shortage,