A new law covering Indonesia’s coal and palm oil exports has sent producers, traders and shippers into a state of confusion.
The government has issued little guidance, although the law is set to be enforced on 1 May, which has led to fears that disruptions and all-out chaos might prevail.
Last October, the Indonesian government quietly announced the new law that requires coal and palm oil exports to be sold on a cost, insurance and freight (CIF) basis, using Indonesian insurance and shipping companies.
