Cargill says supports open markets after Indonesia limits palm exports

CHICAGO – U.S.-based commodities dealer Cargill Inc on Monday mentioned it supported open markets following Indonesia’s transfer to restrict exports of palm oil.

The corporate mentioned in a press release it will observe any rules determined by the federal government.

Indonesian authorities officers informed palm oil corporations on Monday that an export ban introduced late final week would cowl shipments of refined, bleached, deodorized (RBD) palm olein however not crude palm oil, two trade sources informed Reuters.

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