The Palm Scribe

Resurrecting downstream palm oil industry

Bisnis Indonesia, 5 April 2019

The downstream palm oil industry has been suffering from stagnancy ever since the government decided to keep export duty of crude palm oil at zero at the end of 2018. On Tuesday (April 2), Indonesian Vegetable Oil Association (Gimni) Chair Sahat Sinaga expressed his hope that the government could begin collecting export duty in May. The downstream industry is expected to find difficulties in improving production because motor vehicles, plant engines, and diesel power plants have begun increasing palm oil consumption.

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