InfoSAWIT, JAKARTA – Based on Ministry of Trade, the referential price for crude palm oil (CPO) to make Out Fee (OF) in March is US$ 708,60/MetricTon (MT).
It gets better US$ 14,33or 2,06% than it in February 2018, which was US$ 694,27/MT. “The CPO referential price gets better but it is still less than US$ 750/MT. So the government decided, the CPO OF is US$ 0/MT in March 2018,” General Director of Foreign Trade, Ministry of Trade, Oke Nurwan said in the official statement to InfoSAWIT, Monday (26/2/2018).
It is written in the Regulation of Secretary of Trade No. 40/ 2018 about the Decision of Export Referential Price on the Forestry and Agriculture Products having Out Fee.
The CPO OF for March 2018 is listed in Column 1, Attachment II, C, Regulation of Secretary of Treasury No. 13/PMK.010/2017 which is US$ 0/MT. It is the same with CPO OF in February 2018. (T2)