Wow! RI’s CPO stock is still 7 million, this is the palm oil boss’s suggestion

Jakarta, CNBC Indonesia – Indonesia’s crude palm oil stock is predicted to remain high. The reason is, the export rate is still not as high as expected despite the acceleration program (flush out) and the temporary abolition of export levies (PE BPDPKS). As of May 2022, the Indonesian Palm Oil Association (GAPKI) released the final … Read more

Wow, CPO Prices Rise 3 Days in a row, the Palm Oil Boss is getting bigger!

Jakarta, CNBC Indonesia – The price of crude palm oil (Crude Palm Oil/CPO) rose sharply in the early trading session on Thursday (28/7/2022). This means that the price of CPO has risen for three consecutive days. What’s the trigger? Launching Refinitiv, at 09:00 WIB, the price of CPO was traded at MYR 3,871/ton or rose … Read more

Peel Completely CPO Policy, The Biggest Export Contributor of Indonesia

Jakarta, CNBC Indonesia – Indonesia has been the world’s largest producer of palm oil since 2006, overtaking Malaysia’s position for years. Even in 2019, palm oil production in Indonesia has penetrated 43.5 million tons with an average annual growth of 3.61%. This makes exports of crude palm oil (CPO) the largest export contributor for Indonesia. … Read more

CPO Export Levy Removed Temporarily, Oil FFB Prices Crawled Up

The Indonesian Palm Oil Farmers Association (Apkasindo) noted that the price of fresh fruit bunches (FFB) has climbed to above Rp 1,000 per kg earlier this week. The increase in FFB prices was driven by government policies related to Export Levy (PE) crude palm oil (CPO) of 0% applied on 15 July – 31 August. … Read more

Until August 31, Sri Mulyani Removes CPO Export Tax Rates and Its Derivatives

BADUNG, – Minister of Finance Sri Mulyani Indrawati abolishes oil export levies oil palm raw (crude palm oil/CPO) and their derivative products. This is valid until August 31, 2022. This policy abolishes the Minister of Finance Regulation (PMK) Number 103 of 2022 as well as issues PMK Number 115 of 2022. PMK Number 115 … Read more

Tax-Free CPO Exports, This is Sri Mulyani’s Reason!

Bali, CNBC Indonesia – Minister of Finance Sri Mulyani Indrawati does not impose export levies on crude palm oil (CPO) and its derivatives until August 30, 2022. As stated in Minister of Finance Regulation (PMK) Number 115 of 2022, this export levy tax exemption applies to all products, including fresh fruit bunches, palm oil, and … Read more

After the Holidays, CPO Prices Soared More Than 1%!

Jakarta, CNBC Indonesia – Crude palm oil prices (Crude Palm Oil/CPO) shot up sharply in the early trading session on Tuesday (12/7/2022), after the Malaysian stock exchange closed yesterday to commemorate Eid al-Adha. Referring to Refinitiv data, at 09:46 WIB, CPO price was traded at MYR 4,211/ton or up 1.3%. ADVERTISEMENT SCROLL TO RESUME CONTENT … Read more

Palm Oil News – KPBN CPO Price Tender July 11, 2022, Set to Increase to Rp 7,470/Kg

InfoSAWIT, JAKARTA – Tender price of crude palm oil (CPO) at PT. On Monday (11/7/2022) there was an increase in the price of CPO to Rp 7,470/kg. When compared to the CPO price tander last Friday (8/7/2022) which only reached Rp 7,288/kg, it means that there was an increase of around Rp 182/kg. Meanwhile, from … Read more

Economist Explains Why CPO Prices Never Rise

TEMPO.CO, Jakarta – Director of the Center of Economics and Law Studies (Celios) Bhima Yudhistira revealed the reason for crude palm oil or CPO never went up. One of the triggering factors is the export ban implemented by the government from April to May 2022. “When the ban was opened, the supply of CPO finally … Read more