Indonesia, the worlds largest producer of palm oil, has announced it banning the export of Palm Oil- to curb the domestic price.
https://markets.businessinsider.com/...day-2022-4?amp
Ukraine war has destroyed the production of Sunflower Oil- and now the number one producer of palm oil is stopping all palm oil exports. Soybean and Corn Oil will have to pick up much of those oil needs- and the prices will jump as a result.
This will have a significant impact on food prices world wide.
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