date:Jan 19, 2023
ountry. The Indonesia Biofuel Producers Association forecasts the new biofuel regulation will raise prices temporarily.
This is an accurate step that Indonesia must take in the midst of a recession threat. Palm oil importing countries are expected to experience a recession so that global demand for palm oil will slow down, says Tungkot Sipaying, director of the Palm Oil Agribusiness Strategy Policy Institute.
According to the Indonesian Palm Oil Association, Indonesias palm oil exports in 20