Palm | Kelapa Sawit

NUSA DUA, Indonesia Dec 3 (Reuters) - Indian buyers who defaulted on palm oil imports from Indonesia have begun to ship out a portion of the old contracts following protests from producers, an industry official said.
"I have received reports that Indian defaulters have asked for shipments although so far they have not asked for the entire amount," Akmaluddin Hasibuan, chief of Indonesian Palm Oil Producers Association (GAPKI), told Reuters late Tuesday night.
He said the defaulters are willing to pay prices agreed under the old contracts.