The Palm Scribe

Biodiesel export levy needs ease

Bisnis Indonesia, 11 July 2018

The government is asked to lower export levy on CPO derivatives, including cooking oil. Indonesian Vegetable Oil Refiners Association (GIMNI) Executive Director Sahat Sinaga said that it is necessary to anticipate the downtrend in CPO export value and volume. The government once promised the Indonesia Oil Palm Estate Fund (BPDPKS) would evaluate palm oil export levies in two years after its establishment in 2015. But, it had never happened until now, Sahat said on Tuesday (July 10).

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