Global edible oils industry specialist
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GLOBOIL Intelligence · India · India's edible oil inflation doubles as palm oil import chain faces Indonesia's nationalisation gambit
Indonesia's President Prabowo Subianto announced on May 20, 2026 that all palm oil exports will be centralised through a new state-owned entity, Danantara Sumberdaya Indonesia (DSI), with full operation targeted for January 1, 2027. Under the reform, every major Indian refiner (Adani Wilmar, Patanjali Foods, Marico, Ruchi Soya, Bunge India, Cargill India) would procure Indonesian palm oil exclusively through DSI rather than directly from exporters. KPBN CPO tender prices dropped 5.77% the day of the announcement.
“Indonesia announced all palm oil exports will route through a single state-owned entity (Danantara) by January 2027, reshaping India's palm oil supply chain.”