India and Pakistan hope Indonesia evaluates its palm oil export policy

REPUBLIKA.CO.ID, BADUNG -- India is the largest export destination for Indonesian palm oil. Demand for palm oil in the country is considered very high. As an importer, India hopes that the Indonesian government will make it easier to export these commodities to India. "We hope that the Indonesian Government can review the current policy," said Executive Director of The Solvent Extractors Association of India BV Mehta at the Indonesian Palm Oil Conference (IPOC) 2023, in Nusa Dua, Badung Regency, Bali, Friday (3/11/23 ). He explained that there are many factors that cause global palm oil demand to continue to increase. India's population growth itself is still increasing, resulting in an increase in vegetable oil consumption, in 2008-2009 amounting to 14.1 million tons, to 22.5 million tons in 2021-2022. “Dependence on vegetable oil imports currently reaches 65 percent. "This is quite worrying," he said. As vegetable oil production increases slowly, according to Mehta, demand ...