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Cargill says supports open markets after Indonesia limits palm exports

Cargill says supports open markets after Indonesia limits palm exports
Cargill says supports open markets after Indonesia limits palm exports   -   Copyright  Thomson Reuters 2022
By Reuters

CHICAGO – U.S.-based commodities trader Cargill Inc on Monday said it supported open markets following Indonesia’s move to limit exports of palm oil.

The company said in a statement it would follow any regulations decided by the government.

Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, deodorized (RBD) palm olein but not crude palm oil, two industry sources told Reuters.