CPO OF in May is Zero%

CPO OF in May is Zero%

InfoSAWIT, JAKARTAThe crude palm oil(CPO) referential price to make Out Fee (OF) in May 2018 is US$ 703,20/metric ton (MT). It gets cheaper US$ 8,42 or 1,18% from it in April 2018 that was US$ 711,62/MT.

Now the CPO referential gets cheaper but it is still less than  US$ 750/MT. So the government decided, the CPO OF is US$ 0/MT in May 2018,” General Director of Foreign Trade, Ministry of Trade, Oke Nurwansaid in the official statement to InfoSAWIT, Thursday (26/4/2018).

The decision is listed in the Regulation of Minister of Trade No. 56 / 2018 about Export Referential Price Decision on the Agricultural and Forestry Products having Out Fee.

The CPO OF in May 2018 is also listed in Column 1, attachment II, C, Regulation of Minister of Treasury No. 13/PMK.010/2017  reaching US$ 0/MT. The number is the same with the CPO OF in April 2018 reaching US$ 0/MT. (T2)


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