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Indonesia's palm oil ban will have 'messy repercussion' on prices | Video

08:46 Min

Indonesia, the world's biggest palm oil producer, has banned the export of all palm oil products. One analyst CNA spoke to says this will have a "very messy repercussion" on prices. The ban comes as the world faces a severe shortage of edible oil as alternatives are hindered by labour shortages, the war in Ukraine and weather conditions.

Indonesia, the world's biggest palm oil producer, has banned the export of all palm oil products. One analyst CNA spoke to says this will have a "very messy repercussion" on prices. The ban comes as the world faces a severe shortage of edible oil as alternatives are hindered by labour shortages, the war in Ukraine and weather conditions.

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