The full palm oil storage tanks at the Chinese ports near Guangzhou and Shanghai are bad news for small Indonesian farmers like Sugang Suprayetno.
Farm-gate prices for palm oil in his village of Pulo Dogom on Sumatra have fallen by more than a third over the past six months as Chinese and Indian demand for commodities has shrunk in line with slowing growth in the big Asian economies.
“We can’t afford to pay for fertiliser or the proper maintenance of our land,” says Mr Suprayetno over coffee and clove cigarettes.
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