Indonesia’s palm oil industry is experiencing a sharp rise in logistics costs due to the Iran conflict, which has disrupted shipping routes through the Strait of Hormuz. Although Indonesian palm oil exports have not stopped entirely, transport and insurance expenses have surged by about 50 percent, according to the Indonesian Palm Oil Association (Gapki). Existing orders are still being fulfilled, but tensions in the region have forced vessels to seek longer alternative routes, increasing risks and operational costs. Some foreign buyers have also begun delaying new contracts as uncertainty grows. Palm oil exports to key Middle Eastern markets—particularly the United Arab Emirates and Iran—have temporarily halted, while shipments to Saudi Arabia and major buyers like India and China continue. The region had imported around 1.8 million tons of Indonesian palm oil last year. Gapki warned that it may take until the end of the month to fully assess the impact on export volumes. As the world’s largest palm oil producer, Indonesia relies heavily on this commodity to sustain its long‑running trade surplus. The government has acknowledged that the extent of the disruption will depend on how long the conflict continues.Source: https://jakartaglobe.id/business/iran-war-causes-indonesian-palm-oil-export-costs-to-soar-50 (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 11 March 2026