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Indonesia seizes cooking oil shipment bound for East Timor

JAKARTA: Indonesia has seized at least 81,000 liters of cooking oil bound for East Timor, the Commerce Ministry says, as the Southeast Asian country seeks to enforce an export ban crude palm oil and its derivatives, including cooking oil.

At least eight shipping containers containing cooking oil and other items were confiscated at the port of Tanjung Perak on April 28 in Surabaya on the island of Java after “the ship deceived (authorities) into not mentioning cooking oil in the export declaration document,” the Ministry of Commerce said in a statement late Thursday (May 12).

Those found guilty of violating the cooking oil export ban could face a maximum of five years in prison and a fine of up to 5 billion rupees ($341,997), Sihard Hadjopan said. Pohan, director at the Ministry of Commerce. Authorities did not name the vessel or the owner of the cargo.

Indonesia, the world’s largest palm oil producer, has since late last month halted exports of crude palm oil and refined products in a bid to control soaring palm oil prices. cooking in the country.

The export ban has rattled global vegetable oil markets that were already struggling after the war in Ukraine cut off much of the sunflower oil supply. Palm oil accounts for more than a third of the global vegetable oil market, while Indonesia accounts for around 60% of palm oil supply.

Chief Economy Minister Airlangga Hartarto said the export ban would remain in place until bulk cooking oil prices fall to Rs 14,000 per liter nationwide . On Thursday, Commerce Ministry data showed bulk cooking oil was being sold at Rs 16,600 a litre.