Grocery Shock For India, Others As Indonesia Bans Cooking Oil Exports - NDTV


4/26/2022 12:00:00 AM3 yearsago

Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs for the likes of Nestle SA and Unilever Plc and heightening concerns about food inflation.

World food costs are at an all-time high and surging at the fastest pace ever. Indonesia's shock move to ban exports of cooking oil will reverberate across the world, threatening to push up costs fo… [+6137 chars]

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