Kementan reports 300 palm oil firms over fresh fruit bunch prices
The government said 70 percent of fresh fruit bunch prices in various regions have started to improve, but full recovery is still the target.
Antara News, Republika +1
The government said 70 percent of fresh fruit bunch prices in various regions have started to improve, but full recovery is still the target.
Kementan is preparing checks on 270-300 companies, while about 70 percent of TBS prices are starting to recover.
Officials said a 10% rupiah weakening should have lifted prices, while 70% of palm fruit prices are reported to be recovering.
The government is monitoring 1,900 companies as TBS prices recover only 70% to around Rp3,200-Rp3,600 per kg.