Indonesia’s Halt to Palm Oil Expansion Is Set to Expire Soon
- Decree for three-year permit moratorium was signed Sept. 19
- RHB sees moratorium extension adding to palm’s stellar gains
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Indonesia’s moratorium on new oil palm plantation permits is set to expire this week as the industry awaits clarity on whether the government will extend the policy.
President Joko Widodo ordered a stop to permit issuance for new plantations and expansion of existing ones for three years in a decree signed Sept. 19, 2018. That order expanded on an earlier ban on permits for plantations on primary forest and peat land.