Indonesia's ban on palm oil exports a concern but impact to be transitory: FMCG industry - Moneycontrol

Last week Indonesia, the world's largest palm oil producer, banned shipments of crude palm oil (CPO), adding to the previous sanctions on refined oil, to soften the prices in its domestic market.

Indian FMCG players, particularly food and snacks manufacturers, have said they are concerned about Indonesia's move to ban exports of crude palm oil, though some of them expect the decision is likel… [+3640 chars]

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