Indonesia to Lift Palm Oil Export Ban Effective Monday – President

Indonesia will lift its ban on palm oil exports starting Monday, according to the president. This decision comes as the country looks to stabilize its economy and respond to global demand for the product. The export ban was initially implemented to control domestic prices and ensure availability for local consumers. However, the government now believes that resuming exports will benefit both the economy and the agricultural sector. The president emphasized the importance of balancing domestic needs with international market opportunities as they move forward with this policy change.