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- (-) February 2023
- (-) South Africa
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The energy crisis, which has resulted in the declaration of a National State of Disaster, is causing disruptions and rising costs for the advanced and diverse agriculture and food sector in South Africa, which is heavily reliant upon electrification.
On February 6, the Government of Indonesia (GOI) announced it would suspend two-thirds of palm oil exports in order to shore up domestic cooking oil supplies ahead of Ramadan and Eid festivities.
Indonesia 2022/23 palm oil consumption is expected to rise to 19.4 million metric tons (MMT) on increased use for biodiesel production, as the Government of Indonesia (GOI) rolls out higher blending rates for its 2023 mandatory biodiesel blending program.