Indonesia ends palm-oil export ban
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Changes to the scope of the ban appear to have caught some large food manufacturers on the hop.
ByThe world’s largest palm-oil exporter starts its ban today (28 April) – and has made late changes to its…
ByFood manufacturers, facing depleted supplies of the ingredient, are switching to other types of oil.
ByIt also expects a hit to its annual profit due to the Russian invasion of the country.
ByValio was among the overseas food manufacturers that stopped operating in Russia after the invasion of Ukraine.
ByBut the majority of Indonesia’s palm oil exports are in the form of processed oils and are covered by…
ByThe move was announced by the country’s leader, President Joko Widodo, on Friday.
ByIt is calling for the establishment of a financing facility to help poorer countries deal with the problems they…
ByFor each one-percentage point increase in food prices, the World Bank estimates ten million people globally are pushed into…
ByThe agri-food group has suspended business at a meat-processing subsidiary in the eastern region.
By“It will be impossible for other countries to cover the gap if Ukraine and Russia don’t produce next year.”
ByOrkla saw a change of leadership this week with Nils Selte coming in as president CEO.
ByIndotek, an investment group in Hungary, is lined up to purchase the Fortenova stake.
ByThe EU's ban on Russian shellfish imports follows seafood sanctions by the US in March.
ByDr. Oetker stopped all exports to and investments in Russia immediately after the invasion.
ByThe FAO said the Ukraine-Russia conflict had sent “shocks through markets for staple grains and vegetable oils”.
ByBelgium’s food industry trade body said the conflict had triggered stress in the country’s food supply chain.
ByDanone said it is “monitoring the situation in close cooperation with the French government”.
ByMondelez noted “there has been significant military action“ in the area of the Trostyanets plant.
ByThe restrictions from the Ministry of Agriculture are expected to run to 31 August.
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