Indonesia's Exports Ban Of Palm Oil; Resultant Markets Shock: Report

Indonesia's ban on palm oil exports shocked global edible oils markets that reached record high prices, and sparked alarm among major importers.

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

Palm oil is the world's most widely used vegetable oil and is used in the manufacture of many products including biscuits, margarine, laundry detergents and chocolate.

Below are details on the world's major edible oils:

PALM OIL