Export duty remains at zero

Kompas, 2 March 2019 The government has adjusted the reference price of crude palm oil (CPO) to $595.98 per metric ton, which took effect on March 1. According to the Finance Ministerial Regulation (PMK) No.152/2018 on Service Fee of Indonesian Oil Palm Estate Fund...

Replanting program hindered

Bisnis Indonesia, 2 March 2019 The government’s decision to keep export duty of crude palm oil (CPO) and its derivatives at zero may hinder the replanting program, considering that some of the export duty collected by the Indonesian Oil Palm Estate Fund (BPDPKS)...

CPO export duty still under review

Bisnis Indonesia, 26 February 2019 Economic Affairs Coordinating Ministry Food and Agriculture Coordination Deputy Musdhalifah Machmud said after a coordination meeting at the ministry’s office on Monday (February 25) that the crude palm oil (CPO) export duty is...

Export slowdown brings CPO price down

Kontan Harian, 26 February 2019 The benchmark crude palm oil (CPO) contract for May delivery on the Malaysia Derivatives Exchange fell 1.5% to 2,223 ringgit per metric ton. Garuda Berjangka President Director Ibrahim said on Monday (February 25) that the condition was...