The Palm Scribe

Effectivity of CPO as barter item

Bisnis Indonesia, 7 December 2018

Indonesian Palm Oil Association (GAPKI) Trade and Promotion Division Head Master P. Tumanggor appreciated government’s decision to include crude palm oil (CPO) as a barter item in every trade mission. However, national palm oil industry is still underperforming due to India’s high import tariff and Europe’s anti-CPO sentiment. In addition, European countries and India are strictly protecting their own non-CPO farmers. Thus, the government should step up research on the benefits of CPO in comparison to other vegetable oil in order to prevent further damage to domestic CPO caused by negative campaigns.

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