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Indonesia's anti-monopolies regulator targets soybean imports
date:Sep 17, 2013
ing the recent price hikes.

Indonesia buys in 70-80 percent of its soybean needs, mainly from the United States, and is set to become Southeast Asia's biggest importer in 2013/14 with a record 2.1 million tonnes, according to United States Department of Agriculture data.

Importers require an import permit, which is issued by the government, and the market is dominated by a handful of companies.

These include FKS Multi Agro Tbk, which has about 60 percent of the market share according to indus

12/22 08:13