Padang, West Sumatra, June 18 -- Agriculture Minister Andi Amran Sulaiman stated that around 90 percent of palm oil companies have offered higher fresh fruit bunch (FFB) prices paid to farmers following the government's tighter trade supervision.

"The price of palm oil FFB has increased, by 80-85 percent, perhaps 90 percent now. However, we are still investigating those that have not revised the price," he noted in a statement on Thursday.

According to him, government measures aimed at safeguarding millions of palm oil farmers are showing positive results. After interventions carried out by the Ministry of Agriculture with support from the National Police's Food Task Force, FFB prices in several regions have begun to rebound and move cl...