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Indonesia has raised the price cap for palm oil sold under its domestic market obligation (DMO) scheme to 15,700 rupiah ($1.01) per liter, up from 14,000 rupiah.
This adjustment aims to boost the supply of affordable cooking oil amid declining exports. Additionally, the monthly supply target under the DMO has been reduced from 300,000 to 250,000 tonnes.
Citations:
[1] https://www.tridge.com/news/indonesia-raises-palm-oil-price-ceiling-in-d-hmllpi
[2] https://www.agricensus.com/Article/Indonesia-revises-DMO-policy-for-palm-oil-raises-price-cap-for-local-cooking-oil-37052.html
[3] https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/081924-indonesia-lowers-domestic-sales-mandate-for-palm-oil-sellers-raises-price-cap
[4] https://www.mundus-agri.eu/news/pine-nuts-russia-holds-key-position-eu.n32751.html
[5] https://www.fao.org/4/y4496e/Y4496E11.htm
[6] https://www.freshplaza.com/europe/article/9616797/pine-nut-export-duty-implemented-to-boost-domestic-processing-in-russia/
[7] https://www.tridge.com/news/over-the-course-of-10-years-of-product-embar-azzpbi
[8] https://hrcak.srce.hr/file/377274
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