Institute for Research on Economics and Society – Faculty of Economics and Business – University of Indonesia

ECONOMIC ANALYSIS SERIES: TRADE AND INDUSTRY BRIEF, April 2022

The crisis in the cooking oil trade system that began in August 2021 has not yet ended. The price of cooking oil is still high on the market and the supply of bulk oil is not evenly distributed to all traditional markets
encouraged the government to take quite bold steps, namely issuing Minister of Trade Regulation no. 22/2022 which prohibits the export of CPO, raw materials for cooking oil and cooking oil. This month's Trade and Industry Brief discusses various challenges that the government needs to anticipate so that this policy is effective, not only in the short term ensuring sufficient cooking oil in the country, but also encouraging palm oil downstreaming in the long term.

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