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Indonesia Targets Major Palm Oil Exporters Over Pricing Concerns

Indonesia has launched an investigation into several palm oil producers over suspected irregularities in export pricing practices. The probe comes days after authorities unveiled plans to assume greater control over commodity shipments. Refiners operating in the country have begun reducing purchases from smallholder farmers, signaling potential supply chain disruptions as the government's export restructuring takes hold. Industry observers warn the policy shift could compress farmer revenues and constrain the nation's palm oil output. The investigation targets companies engaged in refining and exporting operations. Palm oil remains a critical export commodity for Indonesia, which accounts for a substantial share of global production.