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Palm oil, Dumai / Riau (Indonesia)
Dumai, Indonesia1.67°N 101.45°E
computed criticality28/100
reading
Indonesia + Malaysia: ≈85% of world production (Indonesia ≈60%)
2022Fault line
Two countries concentrate 85% of the world's most consumed vegetable oil. Indonesia's export ban (April-May 2022), decided to contain the domestic price of cooking oil, sent the entire vegetable-oil complex soaring, already strained by the war in Ukraine. The lifting came within a month, but the lever remains available to Jakarta at any moment.
Actors
Wilmar International (Singapore)
Musim Mas (Medan)
Sime Darby Plantation (Kuala Lumpur)
Golden Agri-Resources (Singapore)
Depends on 1
Russian potash and fertilizer, UralsFertilizers & Food · Link↗Feeds 2
ABCD traders, Cargill, MinneapolisFertilizers & Food↗Strait of MalaccaChokepoints↗Shocks endured
Indonesia shuts off the palm oil tapApr 28, 2022 · epicentre↗Sources