Indonesia, the world’s biggest supplier of edible oils, has decided to lift the ban on palm oil exports, a development that is expected to bring much-needed relief to the consumers in Bangladesh struggling to afford the cooking oil because of skyrocketing prices.
Indonesia’s abrupt announcement of a palm oil export ban from tomorrow has sent refiners in Bangladesh into zealous rationing, choking the availability of cooking oil at the retail level at a time when its consumption is high.
Indonesia, the world’s biggest supplier of edible oils, has decided to lift the ban on palm oil exports, a development that is expected to bring much-needed relief to the consumers in Bangladesh struggling to afford the cooking oil because of skyrocketing prices.
Indonesia’s abrupt announcement of a palm oil export ban from tomorrow has sent refiners in Bangladesh into zealous rationing, choking the availability of cooking oil at the retail level at a time when its consumption is high.
